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ECB's Trichet says still in market correction

JACKSON HOLE, Wyoming (Reuters) - European Central Bank President Jean-Claude Trichet on Saturday defended central bank responses to the financial turmoil that has roiled global markets for the past year.

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ECB’s Trichet says still in market correction

JACKSON HOLE, Wyoming (Reuters) - European Central Bank President Jean-Claude Trichet on Saturday defended central bank responses over the past year to the financial turmoil that has roiled…Read more

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ECB's Trichet Defends Central Banks

ECB President Trichet defended the response of central banks to the credit crisis at the Kansas City Fed's Jackson Hole conference. Triche said that financial markets remain under stress and that central banks have performed well under tough circumstances.

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ECB's Trichet says still in market correction

JACKSON HOLE, Wyoming (Reuters) - European Central Bank President Jean-Claude Trichet on Saturday defended central bank responses to the financial turmoil that has roiled global markets for the past year and warned the storm is not over.

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ECB's Trichet says still in market correction

JACKSON HOLE, Wyoming (Reuters) - European Central Bank President Jean-Claude Trichet on Saturday defended central bank responses over the past year to the financial turmoil that has roiled markets.

+Vote!

Conspiracy Theory Psychology

In recent posts I have taken a look at various conspiracy theories on the rise of the dollar, the shortage of silver, and the manipulation of gold. Here is a synopsis. (Warning, some of these are very lengthy) I discussed US dollar manipulation claims in August 08 Trichet Puts Spotlight on the Euro, Dollar August 09 U.S. Dollar Rally Continues August 11 Currency Intervention And Other Conspiracies...

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ECB May Change Collateral Rules

The European Central Bank is believed to be preparing to refine its rules on the kinds of collateral allowed under its liquidity-providing repurchase operations for banks. The ECB may adjust the collateral rules as early as Sept. 4, when ECB President Jean-Claude Trichet holds a monthly press conference on policy decisions, a person familiar with the [...]

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ECB chief defends response to downturn

EUROPEAN CENTRAL Bank (ECB) president Jean-Claude Trichet has defended the institution's responses to the financial turmoil that has shaken global markets for the past year and warned the turbulence is not over.

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Asset-backed securities markets suffer

... comments follow a series of hints from members of the ECB hierarchy, including Jean-Claude Trichet, the president, himself, that banks needed to make greater efforts to re-establish other sources of funding.European ABS markets have not seen a strong reaction yet to such comments, though analysts note trading is very thin due to liquidity being limited generally and it being the last week...

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Euro Hurt by Slowing Economy, Inflation

... Markets reports: While upping his concern for the euro economy, European Central Bank President Trichet has maintained his focus on rising prices. The latest predictions...however, point towards inflation having already peaked... Read More: Dollar's Rise Helps Level the Currency Playing Field

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ECB says still in market correction

Trichet defends cental bank responses to financial turmoil. 24 Aug 2008 10:20 AM

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Everyone Back Into the Pool, Article Posted on TwinTrader.com

... per se; it was the accompanying statement of the ECB, read by its chairman, “Tricky” Jean-Claude Trichet, at the press conference in Frankfurt Germany that rattled investors…" To read the entire article visit Join the fastest growing investor community at:TwinTrader LLC (TT) is not a registered broker-dealer and is not a registered investment advisor. No investor should base their investments...

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Wage gap is narrowing in Europe, reveals new data

... from 5% in 2006). Rising inflation has caused European Central Bank (ECB) President Jean-Claude Trichet to urge restraint in terms of wage increases. According to him, in the current climate, higher pay could further trigger rises in commodity prices (). The Eurofound report also revealed an ongoing gender wage gap, with salaries for women on average almost 16% lower than for their male...

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Bernanke, Buiter and Draghi differ on how to forestall crises

One year into the financial crisis, central bankers and scholars at the Federal Reserve's annual retreat this weekend couldn't agree on how to prevent a repeat. Fed Chairman Ben S Bernanke, European counterpart Jean- Claude Trichet, former officials and economists meeting in Jackson Hole, Wyoming, split over whether central banks should be made responsible for financial stability and how closely...

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Economists split on ways to avert crises

JACKSON, Wyo. — One year into the financial crisis, central bankers and scholars at the Federal Reserve's annual retreat last weekend couldn't agree on how to prevent a repeat. Fed Chairman Ben Bernanke, his European counterpart Jean-Claude Trichet, former officials and economists meeting here split over whether central banks should be made responsible for financial stability and how closely...