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Jean-Claude Trichet



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3Vote!

Trichet says global economy recovering faster than forecast

EUROPEAN Central Bank President Jean-Claude Trichet, speaking on behalf of the world's central bankers yesterday, said the global economy was recovering a little faster than expected.

3Vote!

Preparation Of Eurogroup And Economic And Finance Ministers Council, Brussels, 9 And 10 November 2009

EUROGROUP (AT) Eurogroup ministers will meet at 17.00 hrs on Monday 9 November in Brussels. Joaquín Almunia, Commissioner responsible for Economic and Monetary Affairs will attend as will European Central Bank Governor Jean-Claude Trichet. A press conference is expected to take place after the meeting. The meeting will be preceded at 14.30 hrs by the Macro-economic Dialogue with, among others,...

3Vote!

Gordon's global financial transactions levy idea mocked.

Found this in the Financial Times , on McSnotty being snubbed on the world stage. He really does come across as that kid that wants to be in the gang but is not wanted and the gang can't beat him up as their mum's will give them crap so have to tolerate him. McSnotty Brown threw his rather porky and overweight self behind a global financial transactions levy on Saturday morning, calling for “a...

3Vote!

European Central Bank keeps Key rate at 1%

The ECB stays the course. “On the basis of its regular economic and monetary analysis, the Governing Council decided to leave the key ECB interest rates unchanged, ” Jean-Claude Trichet, president of the ECB, said at a news conference. “The current rates remain appropriate,” Trichet said. “The incoming information and analysis that have become available [...]

3Vote!

ECB wants euro area governments to implement fiscal exit strategies

The European Central Bank (ECB) calls for euro area governments to adopt "fiscal exit and consolidation strategies according to the economic status on Thursday. "The Governing Council of ECB calls upon governments to communicate and implement in a timely fashion ambitious fiscal exit and consolidation strategies based on realistic growth assumptions, with a strong focus on expenditure reforms,"...

3Vote!

ECB, BoE prepare exit from emergency measures, US stocks jump

The ECB is preparing to unwind its emergency programmes. Bloomberg reports : The European Central Bank took its first step toward removing emergency stimulus measures designed to haul its economy out of recession, saying it won’t offer commercial banks 12-month loans next year. “Not all our liquidity measures will be needed to the same extent as in the past” as the economy recovers,...

5Vote!

Trichet forecasts gradual euro zone recovery next year - Summary

Frankfurt - The European Central Bank left eurozone interest rates unchanged again on Thursday, with ECB president Jean-Claude Trichet afterwards forecasting an economic recovery in the euro area at a gradual pace next year. But he said the outcome...

3Vote!

05 Nov Press conference Jean-Claude Trichet: Introductory statement with the Q&A

4Vote!

Trichet's `Black List' Fails to Deter Weber as ECB Debates Exit Strategy

Nov. 3 (Bloomberg) -- Jean-Claude Trichet is struggling to control Germany’s Axel Weber and fellow European Central Bank council members who are flouting communications etiquette as the bank prepares to exit emergency stimulus measures.

3Vote!

Testing strength

European Central Bank president Jean-Claude Trichet is right to focus on exchange rate volatility, not absolute strength, as the main concern

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The soaring euro

The ECB has only itself to blame EUROPEANS are concerned about the persistent strength of the euro. No surprise there; European economies are generally export-oriented and vulnerable to cheap import-competing products, and recovery in northern Europe has proceeded largely in spite of lagging export growth, while lack of recovery in southern Europe has been in no small part related to the pitiful shape...

3Vote!

Trichet accuses banks of financial gambling

EUROPEAN CENTRAL Bank president Jean-Claude Trichet yesterday told banks to return to their “traditional role of providing a service to the real economy”, accusing them of having focused too much on “unfettered speculation and financial gambling”.

3Vote!

ECB chief warns on 'financial gambling'

Jean-Claude Trichet said a return to excessive risk-taking would not be tolerated. He urged the financial sector to provide services to the real economy

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ECB exit should not be concern-Trichet

FRANKFURT (Reuters) - There should not be any concern about the European Central Bank's capability to exit from the non-traditional measures taken, European Central Bank president Jean-Claude Trichet said on Thursday.

3Vote!

Sterling continues to remain under pressure

GBP/USD GBP/EUR Sterling continues to remain under pressure this morning, trading towards a 6-month low against the USD to a low of $1.5739 and a low of 1.0655 against the Euro. Data released this morning from the Royal Institution of Chartered Surveyors (RICS) confirmed that The U.K. housing market strengthened to the highest level in almost two and a half years during September, data confirmed that...