Jean-Claude Trichet News
-
Federal Reserve Chairman Ben Bernanke Holds First Fed Press Conference in HistoryActivistis Have Long Sought More Transparency From Reserve Bank
-
Turmoil in Europe spills into U.S. markets
… in Frankfurt, said it's acting to short-circuit the eurozone sell-off. To calm markets, ECB President Jean - Claude Trichet restarted a program to buy bonds to inject liquidity into the market, which has shown signs of freezing up …
-
Many possible candidates to head IMF
… minister. At a press conference, Sharmugaratnam dismissed suggestions that he was interested in the IMF post. Jean - Claude Trichet , of France: Trichet, 68, is president of the European Central Bank.
-
Greek Tragedy: Will the Contagion Spread?… Europe, and therefore also a problem for Germany," Schäuble said Wednesday after his meeting with ECB President Jean - Claude Trichet and IMF Managing Director Dominique Strauss-Kahn. Just a few weeks ago, Schäuble was still publicly stating that …
-
Euro area economy contracted only 0.1% in Q2
… surprise policymakers at the European Central Bank. As recently as last week, the central bank's president Jean - Claude Trichet said the recession would likely continue until next year at least. The better than expected performance helped …
-
European Central Bank cuts rates, will pump up euros
… securities from banks, known as quantitative easing. So has the Swiss National Bank. European Central Bank President Jean - Claude Trichet told a press conference, "The Governing Council decided today to proceed with its enhanced credit support approach …
-
European bank cuts key rate to record 1.25%, could go lower
The European Central Bank could further reduce its record-low interest rates, President Jean - Claude Trichet told reporters Thursday, after the bank cut its benchmark figure a quarter of a percentage point to 1.25%. Trichet said that …
-
G-20 finance ministers face off: stimulus vs. regulation
… demand extraordinary responses." Geithner is expected to hold bilateral meetings with Japanese Finance Minister Kaoru Yosano, Mexico's Treasury Secretary Agustin Carstens and with European Central Bank Chief Jean - Claude Trichet .
-
Europe revises economic forecasts lower; 2010 recovery
European Central Bank President Jean - Claude Trichet said Monday that global economic growth this year will be "substantially below" a forecast made only about a month ago. That …
-
Spanish Truckers Strike Against High Fuel Costs… blamed the European Central Bank for a recent jump in oil prices and market interest rates, saying its president, Jean - Claude Trichet , had to show more prudence. Trichet last week said interest rates could rise next month. Zapatero has offered …
-
European leaders look for answers on financial crisis
… an end to the go-it-alone approach that has predominated thus far in Europe. European Central Bank chief Jean - Claude Trichet and Eurogroup head Jean-Claude Juncker also were in attendance. France, the urrent president of the European …
-
European bank giant Fortis partially nationalized
… also for a 49% stake. The deal, orchestrated by the three neighboring countries and EU Central Bank chief Jean - Claude Trichet , is meant to restore confidence in the bank before the reopening of markets on Monday after a tumultuous week …
-
Stocks fall in U.S., Europe
… but wouldn't say how much was on offer. Speaking at an awards ceremony at Frankfurt city hall, ECB President Jean - Claude Trichet said policymakers must be "extraordinarily alert" for jitters in financial markets, spooked by the credit turmoil …
-
Dollar's decline could be close to end after Europe raises rate
… quarter-point rate increase. But amid signs of spreading economic weakness in Europe, many now believe ECB President Jean - Claude Trichet will hold off on future increases. The evidence is mixed. Trichet told the European Parliament Wednesday that …
-
European Central Bank boosts interest rates
… 15-nation euro zone. The move comes despite worries in some quarters that it could dampen growth, but ECB President Jean - Claude Trichet said at a press conference that the fundamentals of Europe's economy "are sound" and focused on inflation …
-
ECB leaves rate unchanged; Bank of England cuts its
… world's global domestic product — appeared likely to keep raising rates amid steady growth. ECB President Jean - Claude Trichet underscored his bank's tough stance on interest rates last week, saying that "price stability is something …
-
Dollar's fall against euro, yen fuels fears of vicious cycle
… U.S. on board," says Stephen Jen, Morgan Stanley's global currency head. European Central Bank chief Jean - Claude Trichet this week told a French magazine he was "concerned by excessive exchange-rate movements." President Bush …
-
G-7 sees no overarching remedy for markets
… quarter point to 5.25%. While the U.S. was focused on fueling growth, European Central Bank President Jean - Claude Trichet said his main goal was avoiding inflation. "We will do whatever we need to do to be credible in maintaining …
-
Dow ends wild day with gain of almost 300
… Tuesday's cut, but European stocks dropped in a volatile market Wednesday after European Central Bank President Jean - Claude Trichet appeared unmoved by the Federal Reserve's decision to cut interest rates, according to Dow Jones Newswires …
-
U.S. stocks again lower in bumpy trading
… Tuesday's cut, but European stocks dropped in a volatile market Wednesday after European Central Bank President Jean - Claude Trichet appeared unmoved by the Federal Reserve's decision to cut interest rates, according to Dow Jones Newswires …
-
European Central Bank focuses on inflation, not rate cuts
… its focus on fighting inflation in the face of a very significant, ongoing market correction, ECB President Jean - Claude Trichet told legislators on Wednesday. Eurozone inflation already is running at an annual rate of 3.1%, a 6 …
-
Europeans hold interest rates steady
… England left its key rate unchanged at 5.75% following last month's quarter-point increase. ECB President Jean - Claude Trichet , who oversees policy for the euro zone of 318 million residents that accounts for more than 15% of the world's …
-
The Note: Kissing Ben Nelson
… Lanman reports that today's panel discussion with Fed Chair Ben Bernanke and European Central Bank President Jean - Claude Trichet and Bank of Japan Deputy Governor Toshiro Muto may feature Bernanke's "most extensive comments on the economy …
-
The Note: Kissing Ben Nelson
… Lanman reports that today's panel discussion with Fed Chair Ben Bernanke and European Central Bank President Jean - Claude Trichet and Bank of Japan Deputy Governor Toshiro Muto may feature Bernanke's "most extensive comments on the economy …