What is most reassuring is that core inflation continued to come down and is very well behaved. I think the stability in core will help anchor inflation expectations despite the spike in agricultural prices.

Alonso Cervera

Related Quotes

The key point is the stability and declining trend in core inflation. The central bank isn't going to conduct monetary policy based on agricultural prices.

— Alonso Cervera

InflationStability

He will remain under observation in the intensive care unit and if everything goes well we will be able to take measures that will make him more comfortable.

— Manuel Cervera

ObservationWill

He has been conscious at all times, and when he has been able to, he has spoken normally with his family and with the people from Real Madrid who have visited him.

— Manuel Cervera

Look at it! Look at it, damn you! This is the result of your consistent, persistent, grinding, impoverishing inflation, you despicable loathsome morons!

— Alan Greenspan

It looks as though core inflation is back. We have the core CPI now growing at an average monthly rate of roughly 0.3 percent thus far in 2004. That adds up to a rate hike happening sooner rather than later.

— John Lonski