There's a feeling that U.S. inflation may be under control, and this helped U.S. markets. The optimism may spread on to the opening of European markets.

Inflation can't be controlled through price agreements or price controls. The only way to control it is with a stronger monetary policy.

You either control inflation or the exchange rate. You can't do both.

The market reacted positively to the lower than expected inflation figures. That means inflation is under control.

Inflation is under control and inflationary pressures are subdued. We are looking for opportunities to get into the market, preferably in Treasuries maturing in five years or more.

With inflation really under control and deflation at producer price levels, I don't think they'll do anything.