Latest Jean-Claude Trichet Stories
LONDON, April 28, 2011 /PRNewswire/ -- In December 2010, the Governing Council of the European Central Bank (the ECB) announced its intention to establish loan-by-loan data requirements for asset-backed securities (ABSs) in the Eurosystem collateral framework, with the aim of improving transparency and helping to restore investor confidence in the European securitisation markets. To make this happen, the ECB is encouraging the creation of a groundbreaking ABS Data Warehouse for the...
Finance ministers from the Group of 20 nations begin a two-day pow wow in London Friday to prepare for a G20 summit in Pittsburgh at the end of the month. In theory, the monetary policymakers are duty-bound to pave the way for the vote-dependent politicians in the follow up meeting.
The European Central Bank left its overnight bank-to-bank lending rate unchanged Thursday citing an uneven economic recovery. In a news conference, bank President Jean-Claude Trichet said inflation in the euro at minus 0.2 percent in August, was expected to turn positive within the coming months.
The European Central Bank said Thursday it would keep its key lending rates unchanged. The bank-to-bank lending rate was trimmed to 1 percent in May following a series of reductions to meet the downturn in the economy. Bank President Jean-Claude Trichet was scheduled to explain the bank's actions later
European Central Bank President Jean-Claude Trichet said he was very clear in his support of the U.S.
The European Central Bank left its key lending rate unchanged at 1 percent Thursday, a move anticipated by many economists. In a prepared statement, bank President Jean-Claude Trichet said policymakers at the bank expected inflation to remain dampened over the policy-relevant horizon.
European Central Bank President Jean-Claude Trichet said there were definitive signs of improvement in the European economy.
Leading indicators for three battered European economies show signs of improvement, the Organization for Economic Cooperation and Development said. In Italy, France and Britain, leading indicators showed tentative signs of, at least, a pause in the economic slowdown, the OECD said Monday.
European Central Bank President Jean-Claude Trichet says fundamentals and confidence are at the top of his priority list. After completing talks in Washington at the International Monetary Fund, and with Group of 20 finance officials, Trichet told an audience in New York Monday: I have ...
The European Central Bank said Thursday it would lower its key lending rate a quarter of a percentage point to 1.25 percent, effective April 8. The reduction takes into account the expectation that price pressures will remain subdued, bank President Jean-Claude Trichet said in a statement in Frankfurt,
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