Trichet firm on ECB's independence

European Central Bank president Jean-Claude Trichet said at the ECB's post meeting press conference on Thursday 4 march that the bank should never be influenced by political pressure when it takes interest rate decisions.

Click here for the introductory statement with questions and answers from the ECB's press conference

German Chancellor Gerhard Schroeder and French Prime Minister Jean-Pierre Raffarin have led calls for the ECB to cut interest rates in recent weeks. The ECB today decided to ho

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