Mr. Trichet: Two remarks: As regards the private papers, our collateral framework has been very supportive since the beginning of the crisis: I have also noted that our corporate securities markets behaved properly in terms of volume since January. As regards possible outright purchases of securities in general I said that we are not pre-committed for any new decisions.
Overall, with these policy adjustments, I believe that the economy will remain in a good place, with the labor market remaining strong and inflation staying close to our 2 percent objective.