Skip to: Content
Skip to: Site Navigation
Skip to: Search
FRIDAY, NOVEMBER 27, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: Jean-Claude Trichet

Jean-Claude Trichet stories: 3 news summaries

Europe Cuts Rates Less
Than Expected to 1.25%

Economists, markets had hoped for 50-point cut

Apr 2, 09 7:18 AM CDT
(Newser) - The European Central Bank cut interest rates today by 25 basis points, less than expected, to 1.25%. Economists had widely expected a cut double that size, reports the Financial Times, and financial markets soared on the news this morning. The ECB has been more hesitant to cut rates than... More »

MORE ABOUT:
recession • European Central Bank • ECB • eurozone • interest rate cut • Jean-Claude Trichet

OPINION

US-Style Stimulus Might Not Be Right for Europe

To each economy its own, says central bank head

Mar 24, 09 10:04 AM CDT
(Newser) - Today, in newspapers worldwide, President Obama called on nations to stimulate their economies, but Europe isn't sold on the idea. Europe's leaders are viewed as cautious, but perhaps their “policy is appropriate for European conditions,” Jack Ewing writes in Der Spiegel. For one thing, Europe already spends much... More »

MORE ABOUT:
European Union • European Central Bank • economic stimulus package • President Obama • Jean-Claude Trichet



 Euro Bank Chief 
 Slams US 
 on Stimulus 

Central bank chief says nations must get the last effort right

Mar 23, 09 8:34 AM CDT
(Newser) - The head of the European Central Bank says the continent does not need to spend more to combat recession, heightening the standoff between Washington and European governments over response to the financial crisis. In an interview with the Wall Street Journal, Jean-Claude Trichet said governments should concentrate on executing measures... More »

MORE ABOUT:
Federal Reserve • recession • central bank • European Central Bank • eurozone • financial crisis • interest rates • Jean-Claude Trichet

3 Stories


from our news partners

Associated PressAssociated Press