China Financial Daily

April 9, 2009

President of European Central Bank Jean-Claude Trichet: not rule out the possibility to continue to cut interest rates

Filed under: Financial News — Tags: — Nancy @ 9:45 am -0700

President of European Central Bank Jean-Claude Trichet: not rule out the possibility to continue to cut interest rates
The President of European Central Bank Jean-Claude Trichet on Thursday urged all countries to be responsible for exchange rate policy, and reaffirmed the European Central Bank still has a room to cut interest rates to some extent. Jean-Claude Trichet in an interview with Italian media said that on the issue of exchange rate, highly responsible attitudes from the parties are very important, very much to welcome the Chairman of U.S. Federal Reserve Ben Bernanke, U.S. Treasury Secretary Timothy Geithner, President Obama and the recent firm support of the strong dollar.

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