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ECB's Trichet Has No New Policy Message
Friday, March 18, 2011 - 12:55pm | 52Read More...European Central Bank President Jean-Claude Trichet said that he has no new message regarding monetary policy. Trichet said he had "nothing to add" and "no new message" on monetary policy, Dow Jones Newswires reported. Trichet had hinted that there could be a rate hike in April.
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Trichet: Avoid Another Lost Decade At All Costs
Friday, August 27, 2010 - 4:47pm | 79Read More...European Central Bank president Jean-Claude Trichet said that governments and consumers do not need another lost decade, and we must ensure that the transition from high debt to fiscal responsibility happens orderly, Reuters writes. "The primary macroeconomic challenge for the next 10 years is to...
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US Stock Index Futures Slip As Initial Jobless Claims Rise
Thursday, August 5, 2010 - 9:39am | 233Read More...US stock index futures slipped today after the Labor Department reported an unexpected rise in the initial jobless claims for the previous week. While futures on the Dow Jones Industrial Average fell 30 points to 10605, those on the Standard & Poor's 500 dropped 5 points to 1120. Meanwhile,...
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ECB President Calls For Austerity Around The World
Friday, July 23, 2010 - 8:01am | 271Read More...Austerity is not just the antidote for the financial trouble in Europe, says ECB head Jean-Claude Trichet. It is time for the industrial nations all to cut spending sharply and raise taxes. The ECB chief said in an FT editorial that “by the end of this year, government debt in the euro area will...
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US Stock Futures Point To A Pullback After Yesterday’s Rally
Thursday, July 8, 2010 - 8:43am | 245Read More...US stock futures fell today, as investors await the release of data on weekly jobless claims and retail sales. While futures on the Dow Jones Industrial Average fell 14 points to 9966, those on the S&P 500 lost 1.1 point to 1058.2. Meanwhile, Nasdaq 100 futures slipped 2.75 points to 1786.75....
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Ahead of G20, Trichet Says Soros Is Wrong About Euro (FXE)
Thursday, June 24, 2010 - 1:14pm | 209Read More...Ahead of the G20 meeting in Toronto, Canada this weekend, European Central Bank President Jean-Claude Trichet dismissed recent criticism by investor George Soros on the Euro's strength. Soros warned on Wednesday that "By insisting on pro-cyclical policies, Germany is endangering the European Union...
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Trichet Asks For More Fiscal Discipline
Monday, May 17, 2010 - 5:32pm | 129Read More...As European Union policy makers meet in Brussels this week, momentum is building for a stronger implementation of fiscal policy reforms in euro zone countries. According to the Wall Street Journal, Jean-Claude Trichet, President of the European Central bank, has also asked the governments of euro...
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Jean-Claude Trichet Sidelined In The Current Euro Zone Crisis
Tuesday, April 13, 2010 - 5:20pm | 427Read More...The Wall Street Journal reports that ECB President Jean-Claude Trichet, who is considered to be an architect of the European monetary union, found himself sidelined by euro-zone capitals as Europe faces its biggest fiscal crisis in decades. Trichet’s efforts to shape the response to the fiscal...
