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Denver Post (Free subscription) | 11/21/2009
Although it is too early to say the crisis is over, it is time to withdraw some of the policy measures that supported the financial system through the credit crunch, European Central Bank president Jean-Claude Trichet said Friday.
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BloggingStocks (Free subscription) | 11/20/2009
Filed under: International markets , Indices , DJIA , Financial Crisis European Central Bank President Jean-Claude Trichet jolted the markets Friday with the announcement that the ECB will gradually withdraw the emergency cash injections it has added to the financial system, in order to prevent an acceleration in inflation. "Not all our liquidity measures will be needed to the same extent as...
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People Daily (Free subscription) | yesterday
Wall Street continued the previous decline Friday, after the technology giant Dell posted disappointing earnings and European Central Bank (ECB) President Jean-Claude Trichet said policy makers will withdraw emergency cash gradually. Stocks slipped as Trichet said the ECB will remove liquidity in order to ensure the bank doesn't fuel inflation. Technology stocks led the downward slide, after Dell reported...
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People Daily (Free subscription) | yesterday
Wall Street declined on Friday after technology giant Dell and homebuilder D.R. Horton Inc. posted disappointing earnings. Technology stocks led the downward slide, after Dell reported a54-percent drop in net income and a 15-percent decline in revenue in its latest quarter, much worse than anticipated. Shares of Dell tumbled nearly 10 percent, or 1.58 U.S. dollars, to 14.29 dollars. Stocks also slipped...
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Independent.ie - European RSS Feed (Free subscription) | 11/21/2009
Banks risk becoming addicted to cheap central bank cash used to fight the financial crisis and must prepare for its eventual withdrawal, the head of the European Central Bank (ECB) warned at a Frankfurt banking conference yesterday.
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Law Blog - WSJ.com (Free subscription) | 11/21/2009
The European Central Bank announced its first active step to unwind the stimulus measures it has used to support the financial sector since the global crisis last year.
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The Irish Times (Free subscription) | 11/21/2009
BANKS SHOULD step up their lending to support economic growth while taking steps to curb “undue” bonuses, European Central Bank head Jean-Claude Trichet said.
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LATICONOMICS (Free subscription) | 11/20/2009
U.S. Stocks Join Global Retreat as Dell Slumps, Dollar Advances By Elizabeth Stanton Nov. 20 (Bloomberg) -- U.S. stocks fell, joining a global retreat, as earnings at Dell Inc. and D.R. Horton Inc. trailed analysts’ estimates and concern grew that European Central Bank policy makers will phase out economic stimulus measures. The dollar rose and two-year Treasury note yields fell to the lowest...
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The Business Courier of Cincinnati (Free subscription) | 11/20/2009
Stocks continued a downward trend, helped along Friday by a lower-than-expected earnings report from Dell, and comments by European Central Bank President Jean-Claude Trichet.
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Finance Markets (Free subscription) | 11/20/2009
Jean-Claude Trichet, President of the European Central Bank (ECB), has said liquidity measures will be scaled back in order to ensure it doesn’t fuel inflation. Currently the inflation rate within the 16 nations that use the euro is 0.5% but at the start of the summer, inflation turned negative for the first time, declining to -0.1% [...]
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The Telegraph (Free subscription) | 11/20/2009
Jockeying over who should succeed JeanClaude Trichet as president of the European Central Bank has already begun.
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BBC News (Free subscription) | 11/20/2009
The European Central Bank says it will scale back emergency monetary support for fear of fuelling inflation.
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Examiner (Free subscription) | 11/20/2009
Although it is too early to say the crisis is over, it is time to withdraw some of the policy measures that supported the financial system through the credit crunch, the European Central Bank President Jean-Claude Trichet said Friday.
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Miami Herald (Free subscription) | 11/20/2009
Although it is too early to say the crisis is over, it is time to withdraw some of the policy measures that supported the financial system through the credit crunch, the European Central Bank President Jean-Claude Trichet said Friday.
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Seattle Times (Free subscription) | 11/20/2009
Although it is too early to say the crisis is over, it is time to withdraw some of the policy measures that supported the financial system through the credit crunch, the European Central Bank President Jean-Claude Trichet said Friday.
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habser | 10/18/2009
Car scrapping schemes have been lauded for having kept the auto industry afloat but the European Central Bank is saying that it actually has little benefit for the economy as a whole. In an article in its latest monthly bulletin, the ECB warned that these programs created a temporary boost for automakers at the expense of other sectors and has the effect of delaying much needed consolidation.