1.   Duisenberg justified the decision to relax monetary policy Thursday mainly by arguing that inflationary pressures are receding.

2.   The reports support the perception that inflationary pressures are receding now that the deutsche mark has firmed against the dollar.

3.   The reports support the view that inflationary pressures are receding as the deutsche mark gains against the dollar.

4.   The high pressure is slowly receding to the northeast, allowing for surface winds to become lighter and from a more southerly direction.

5.   They noted that his particularly optimistic comments that inflationary pressures are receding could allow the central bank to cut rates later.