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The bank president, Jean-Claude Trichet, said the central bank would "continue to monitor very closely" the risks of inflation.
He said: "We will continue to monitor very closely all developments with respect to upside risks to price stability" – language which investors interpreted as pointing to a rate rise in July or August, instead of June.
"However, this is a developing situation which we continue to monitor very closely, in conjunction with our colleagues in other parts of the UK and the World Health Organisation".
Similar(57)
This is an issue we're going to monitor very closely.
"Of course we continue to monitor the situation very, very closely".
We'll continue to monitor him closely".
"We will continue to monitor progress closely while our reforms bed down".
Two weeks ago, all 15 were released into the wild, fitted with transmitters so the team can continue to monitor them closely.
"It's early in the legislative process, and we continue to monitor developments closely," a spokeswoman for Accenture, Roxanne Taylor, said.
"We continue to monitor the situation closely".
We will continue to monitor the situation closely".
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