ECB steps back from rate signals

Article Abstract:

Jean-Claude Trichet, president of the European Central Bank, questions the level of transparency the bank currently provides in communicating its policies on interest rates. Such a change would most likely be opposed by members of the financial services industry and politicians who have been requesting more guidance from the bank, not less.

Management dynamics, Management, International aspects, Central banks, Powers and duties, Company business management, Business communication, Duisenberg, Wim

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Trichet urges fiscal restraint

Article Abstract:

The new president of the European Central Bank, Jean-Claude Trichet, called on European governments to exercise fiscal restraint. Trichet said that governments should control budget deficits in order to spur on a recovery.

Financial management, Economic aspects, Finance, Company financing, Budget deficits

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Dollar ends mixed after recovering from low on Euro

Article Abstract:

Against the Euro the Dollar made a slight recovery from a new low. Jean-Claude Trichet, European Central Bank is not expected to stop the Euro's ascent.

Commodity & service prices, Prices and rates, Euro (Currency), Dollar (United States), Foreign exchange market, Company pricing policy, Euro currency transition

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