For 30 years, whenever economic crises hit the world, Jean-Claude Trichet was at the centre of action. As his career draws to a close – his eight-year term as European Central Bank president ends in three weeks – the former French finance official and Banque de France governor is in the midst of...
The ECB is not a fiscal agency of the European Union, says Alan Greenspan, former chairman of the Federal Reserve. "Jean Claude-Trichet may be French, but he acts like a German." Greenspan also weighs in on the US economy.
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The European Central Bank is reviewing the risks to price stability, ECB President Jean-Claude Trichet said on Monday, suggesting the bank could tone down its view on inflation pressures.
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In Jackson Hole Wyoming on Saturday Jean-Claude Trichet, the president of the European Central Bank was due to give a speech to a meeting of policy makers hosted by the Federal Reserve. As he prepared to speak the euro zone faced huge problems.
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The European Central Bank is not worried about the health of the euro zone as a whole and it will stick to its role of fighting inflation, ECB president Jean-Claude Trichet told CNBC in an interview Thursday.
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The European Central Bank kept interest rates at 1.5 percent as expected on Thursday and its president Jean-Claude Trichet announced a six-month operation to inject liquidity in the markets.
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July's rate hike could well have been Jean-Claude Trichet's last as president of the European Central Bank, but markets will be watching for signals that the bank is preparing to take some role in future interventions in European markets, economists and analysts told CNBC.com.
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Since the euro zone debt crisis began, disagreements between the German Chancellor and the head of the European Central Bank have hampered attempts to find a lasting solution, analysts have said.
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To most market participants, it should not be a surprise that today we had the type of comments by ECB’s Trichet on the risks associated with Greece contagion. We are constantly hearing the analogy to the US financial crisis and a Lehman event. Also, Trichet’s comments about the link between the...
The Fast Money traders weigh in on retail trades; and radical fiscal changes proposed in the eurozone send euro higher, with Dennis Gartman, The Gartman Letter.
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Europe should consider strengthening central control of economic policy if efforts to deal with its debt crisis do not deliver results, European Central Bank President Jean-Claude Trichet said on Thursday.
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