We won’t shore up money markets indefinitely: Trichet
Jean-Claude Trichet, the president of the European Central Bank (ECB), has affirmed that the central bank will withdraw liquidity as signs of improvement in money markets emerge.
"We have introduced exceptional measures under exceptional circumstances. We will have to phase them out once the rationale for these measures fades away and the situation normalises," he said to the Economic and Monetary Affairs Committee of the European Parliament.
The ECB, along with the Bank of England and the Swiss
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