Prince Henri Auditoire 02 BW

Press release

17.04.2003

The Banque centrale du Luxembourg informs that contrary to certain press reports, Governor Yves Mersch never stated that the European Central Bank may consider easing its inflation limit.

In a recent interview he explicitly underlined that it was for him out of question of relaxing the ECB's 2 percent inflation limit but that communication issues are further debated.