"It was a long process that will have a very important effect on price stability."
I would like there to be more balance between price stability and growth.
Price stability will probably not survive the coming turn of the year.
Such a decision could only be taken in the event that price stability was threatened.
While that should take care of price stability, it's probably too rigid.
"We will do all that is necessary to ensure price stability," he said.
It has taken some very important decisions, for example, its decision on the definition of price stability.
Its aim is to create full employment and price stability.
The result was the creation of the desired price stability.
But what the oil patch needs most, the men said, is relative price stability like the kind they knew until the mid-1980's.
Wim Duisenberg, the central bank's president, said Europe's outlook for growth had improved and dangers to price stability should not be overlooked.
Last week and earlier this week, analysts said the absence of major developments in the Persian Gulf contributed to price stability.
The Fed also declared that the risks to price stability "have moved into balance."
On the other hand, the Federal Reserve has brought the nation closer to price stability than would have been imaginable 20 years ago.
We need an economy that is dedicated to price stability.
These developments need to be closely monitored, as they may start to point to upward risks to price stability, in particular during a period of economic recovery.
Overall, however, the excess liquidity was not seen to indicate risks to price stability in an environment of subdued economic activity and moderate credit growth.
Risks to price stability over the medium term remain clearly on the upside in 2007 and have intensified over recent months.
It is very much to be hoped that from the start the European Central Bank will pursue a solid monetary policy geared to price stability.
To this end, the Eurosystem has adopted a monetary policy strategy that is forward-looking and acts promptly to address threats to price stability.