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Warning of inflation 'explosion'

by Gabi Thesing

EUROPEAN Central Bank President Jean-Claude Trichet, who may raise interest rates today, said there's a risk of inflation "exploding" if central banks don't act decisively. "We central banks have a big responsibility,"...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200807/20080703/article_365396.htm"> Warning of inflation 'explosion' </a> by -- EUROPEAN Central Bank President Jean-Claude Trichet, who may raise interest rates today, said there's a risk of inflation "exploding" if central banks don't act decisively. "We central banks have a big responsibility,"... </p>