Sign up to The Irish Times Archive (1859 - 2008)My Account »
Mon 08 Aug 2008ECB chief defends response to downturn
EUROPEAN CENTRAL Bank (ECB) president Jean-Claude Trichet has defended the institution's responses to the financial turmoil that has shaken global markets for the past year and warned the turbulence is not over.
"We still are in a market correction," Mr Trichet said at the Kansas City Federal Reserve Bank's annual monetary policy conference in Jackson Hole, Wyoming, that draws central bankers, economists and business people from around the world.
Choose a Subscription type - required
