Jean-Claude Trichet
Trichet: The current state of the European economy
In a speech on 'The current state of the European economy and the ECB's monetary policy concept' given on 9 July, Jean-Claude Trichet of the ECB said it has only been possible to achieve low levels of market interest rates in the eurozone because of the…
Trichet on European financial sector integration
In a speech on 'Integration of the European Financial Sector' given on 29 June, Jean-Claude Trichet of the ECB said the financial system plays an essential role in the transmission of monetary policy and integrated European financial markets facilitate…
ECB press conference, with Q & A session
The European Central Bank held eurozone interest rates unchanged for a 12th month on Thursday 3 June. At the post-meeting press conference Jean-Claude Trichet said the economic recovery has strengthened over recent months, but noted we have also…
Trichet says ECB must not overreact on data
ECB chief Jean-Claude Trichet said on Monday 24 May that the central bank generally had to show 'sang-froid' and moderation in its reaction to economic developments. In a speech delivered in French he said the stability and growth pact does not need to…
Trichet on current challenges for the ECB
In a speech on 'Current challenges for the ECB: sustainable non-inflationary growth and financial stability' given on 13 May, Jean-Claude Trichet of the ECB said one of the major challenges that the ECB faces is the EU enlargement and the future entry of…
Euro banknotes with Jean-Claude Trichet signature
Euro banknotes bearing the signature of Jean-Claude Trichet, President of the European Central Bank (ECB), are starting to come into circulation, the ECB said in a statement. Production of these banknotes began shortly after Trichet became President on 1…
Trichet on monetary policy issues, the ECB's view
In a speech on 'Issues in monetary policy: views from the ECB' given on 26 April, Jean-Claude Trichet of the ECB said Europeans' perception of inflation is greater than the reality. "Perceived inflation is higher then real inflation," Trichet said in the…
Interview with ECB president Jean-Claude Trichet
In an interview published on Friday 23 April, Jean-Claude Trichet said the European Central Bank is proud to be a central bank with one of the highest levels of predictability. He also said he was struck by the pessimism shown by many on the potential…
Trichet defends ECB stance on rates
ECB president Jean-Claude Trichet said in an interview that the bank is "neutral" on interest rates but insisted any changes in the economic outlook will be considered. He also said the sharp rise in oil prices poses a risk to the global economy unless…
ECB questions and answers
The European Central Bank held interest rates unchanged at its meeting on 1 April. Jean-Claude Trichet told the afternoon press conference the ECB's key rates remain "in line with the maintenance of price stability" in the eurozone, although recent…
Interview with ECB President Jean-Claude Trichet
In an interview with a German newspaper, Jean-Claude Trichet, President of the European Central Bank, signalled his concern for the eurozone economy. He also said that consumer confidence in the euro zone was weaker than it should be at this stage of an…
Message from Jean-Claude Trichet on Madrid attacks
At Thursday's Governing Council meeting (18 March 2004), Jean-Claude Trichet, President of the European Central Bank, relayed to Jaime Caruana, Governor of the Banco de Espaa, the Governing Council's sincere condolences and assured him of its total…
Global recovery strong and long lasting says G10
G10 central bankers meeting in Switzerland said on Monday 8 March that the world economic recovery is strong and risks that it could be scuppered are fading.
Trichet's testimony before the European Parliament
In testimony before the European Parliament given on 16 February Jean-Claude Trichet of the ECB said recent data have strengthened the ECB's expectation of an economic recovery in the eurozone and made us "more confident" that the recovery began in the…
Mundell proposes $1.30 ceiling on euro
Nobel-prize winning economist Robert Mundell was quoted on Monday 19 January as saying Group of Seven rich nations should intervene to halt a euro rise beyond $1.30.
Trichet at the Euro-Mediterranean Seminar
In a speech to the Euro-Mediterranean Seminar of Eurosystem and Mediterranean country national banks given on 15 January, Jean-Claude Trichet of the ECB said the seminar should be a platform for an exchange of views between central banks of the…
Europe and the dollar
If the dollar retreat of 2003 turns into the rout of 2004, what will be the options facing policy makers? Soundings among Europe's senior central bankers suggest American officials are making a big mistake if they assume that in a dollar crisis they will…
ECB's Trichet on financial stability
In a speech on 'Financial stability' given on 26 November, Jean-Claude Trichet of the ECB said the issues generated by the fast evolution of the financial system are very complex and demanding for public authorities. He added that some elements of the…
ECB chief: Euro economy recovering
Jean-Claude Trichet urged France and Germany to respect European Union budget rules on Monday 1 December in testimony before the European Parliament's Committee on Economic and Monetary Affairs, according to a report by CNNmoney. He said "It is, in the…
Trichet: ECB monetary policy strategy after May 03
In a speech on 'The ECB's monetary policy strategy after the evaluation and clarification of May 2003' given on 27 November, Jean-Claude Trichet of the ECB said EMU is based on the conviction that Europe can derive strong benefits from a "culture of…
ECB rejects EU proposals re executive board
The European Central Bank has angrily rejected proposals from the Italian EU Presidency that could make it easier for governments to appoint members of the ECB's executive board, according to Biz World. "The governing council of the ECB is seriously…
Trichet's home sweet home
After stepping into Wim Duisenberg's shoes at the start of November as President of the European Central Bank, it now transpires that Jean-Claude Trichet has also moved into Duisenberg's old house.
Trichet on the ECB's monetary policy strategy
In a speech on 'The ECB's monetary policy strategy after the evaluation and clarification of May 2003' given on 20 November, Jean-Claude Trichet of the ECB said in the field of fiscal policies the arguments in favour of the Stability and Growth Pact are…
Trichet on Europe at the crossroads
In a speech on 'Europe at the crossroads' given on 20 November, Jean-Claude Trichet of the ECB said the euro has become a strong symbol of Europe. It makes the world "identify Europe" and helps Europeans to identify with Europe. I am grateful, Trichet…