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Trichet sees eurozone growth rebound

Eurozone growth is likely to rebound later this year after the current weak patch, Jean-Claude Trichet, president of the European Central Bank, has argued in comments that suggested he sees the region avoiding a severe downturn

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Trichet says euro zone growth to hit trough in Q2 and Q3

DUBLIN (Reuters) - Euro zone growth is likely to be weak in the second and third quarter before staging a recovery, and the risk of second-round inflation effects needs to be taken seriously and prevented, ECB President Jean-Claude Trichet said.

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Trichet: Growth Slightly Worse, but Inflation Worries Augmenting

ECB President Jean-Claude Trichet, in an interview with four European newspapers, sounds a moderately more downbeat note about euro-zone growth, warns the inflation threat may be augmenting and says euro-zone banks appear to have enough cash on hand. Highlights: Trichet Euro-zone growth prospects moderately dimmer: Mr. Trichet says the ECB’s “base line scenario” is now that growth...

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Trichet sees eurozone growth rebound

Eurozone growth is likely to rebound later this year after the current weak patch, Jean-Claude Trichet, president of the European Central Bank, has argued in comments that suggested he sees the region avoiding a severe downturn

+Vote!

Trichet warns about ongoing market turmoil, inflation risks

Berlin- European Central Bank chief Jean-Claude Trichet warned Friday about the threat posed by surging inflation sparking a wage push. Our message is that we should avoid second-round effects, Trichet said in an interview with four European newspa...

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Trichet to press Beijing for stronger yuan

Berlin - European Central Bank chief Jean-Claude Trichet said Friday he plans to raise again with Chinese authorities the benefits of a stronger yuan when he visits Beijing next month for the Olympic Games. In an interview with four European newspape...

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Trichet says European growth to return by next year

Euro zone growth is likely to be weak in the second and third quarter before staging a recovery, and the risk of second-round inflation effects needs to be taken seriously and prevented, ECB President Jean-Claude Trichet said.

1Vote!

Trichet warns ECB will not alter policy to help Ireland

THE EUROPEAN Central Bank (ECB) will not change the course of its monetary policy to assist those euro area members such as Ireland, Spain or Portugal that are currently experiencing economic difficulties, the president of the ECB, Jean-Claude Trichet, has told The Irish Times. Paul Tansey Economics Editor reports.

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Euro zone growth to hit trough in Q2, Q3: Trichet

Euro zone growth to hit trough in Q2, Q3: TrichetReutersDUBLIN -- Euro zone growth is likely to be weak in the second and third quarter before staging a recovery, and the risk of second-round inflation effects needs to be taken seriously and prevented, ECB president Jean-Claude Trichet said."Our base-line scenario is that we will have a trough in the profile of growth in the euro area...

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18 Jul Interview Jean-Claude Trichet: Interview with Le Figaro, Frankfurter Allgemeine Zeitung, Irish Times, Jornal de Negócios

Interview with Le Figaro, Frankfurter Allgemeine Zeitung, Irish Times, Jornal de NegóciosInterview with Jean-Claude Trichet, President of the ECBconducted on 11 July 2008 by Jean Pierre Robin (Le Figaro), Benedikt Fehr (Frankfurter Allgemeine Zeitung), Paul Tansey (Irish Times) and Rui Jorge (Jornal de Negócios), published 18 July 20081. Could you outline how you see the euro economy evolving...

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Crude Awakening For Central Bankers

When the for the first time in a year earlier this month, in a bid to combat record oil prices and inflationary pressures, crude oil was trading at $146 per barrel. Now it is trading at some $20 below this record, a sign that the central bank's president Jean-Claude Trichet may have to rethink his focus. "The drop in oil prices could point to July as the peak for inflation in the ," said Jacques...

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Economy’s Dip May Take Longer to Overcome in Europe

... The ECB’s June forecasts called for growth around 1.5% next year. ECB president Jean-Claude Trichet also downgraded his growth assessment slightly last week, saying in an interview with four European newspapers that the euro-zone economy would “trough” in the second and third quarters before staging a progressive recovery. Mr. Trichet had previously maintained that the “trough” would...

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BANK FOR INTERNATIONAL SETTLEMENTS BIS REVIEW NO. 92: MODERN CENTRAL BANKING

... and financial markets Mark Carney: Summary of the latest Monetary Policy Report Jean-Claude Trichet: Interview with Le Figaro, Frankfurter Allgemeine Zeitung, Irish Times and Jornal de Negócios José De Gregorio: Transparency and communications in modern central banking Randall S Kroszner: Federal Reserve’s initiatives to support minority-owned institutions and expand consumer protection...

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The ECB should vote on interest rates, and then publish its minutes

... Council never had a vote on interest rates. She asserted that the ECB president, Jean-Claude Trichet, had often referred to the vote being unanimous. He hasn’t, of course. What he has said on a number of occasions is that the decision was unanimous. The ECB has never had a formal vote on interest rates. I know this out of the mouths of horses who between them have attended every single one...

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'...our primary goal is to maintain price stability'

Jean-Claude Trichet, the president of the European Central Bank, gave an interview last Friday to economics editor and journalists from three other leading European papers, 'Le Figaro', 'Frankfurter Allgemeine Zeitung' and 'Jornal de Negócios'. The interview, carried out in the ECB headquarters in Frankfurt, covered the bank's position on inflation, money policy and the appropriateness of its...