ECBs Panetta: We must weigh risk of monetary policy becoming too tight

ECBs Panetta is on the wires saying:

We must wait risk of monetary policy becoming to tight.Timely, small rate cuts would counter weak demand, and would be paused at no cost.Hesitations in adjusting rates would hurt investment productivity.Rate cuts could create a credibility issue

This article was written by Greg Michalowski at www.forexlive.com.