Trichet Says Uncertainty 'Elevated'

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Trichet says, "Must avoid broad-based inflation pressures... liquidity remains ample... anchoring of inflation expectations important for growth... adjustment of current policy was warranted... identified upside risks to inflation... says uncertainty elevated will monitor all developments `very closely... non-standard measures are `temporary'... economic activity shows positive underlying momentum... says private sector demand should aid growth... risks to growth outlook remain broadly balanced... japan disaster could show euro region impact."
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