ECB stresses resilience of US system

EUROPE - The European Central Bank sought yesterday to bolster confidence in world financial markets by saying that Tuesday's terrorist attacks on the US would not damage the US economic system.

"The fundamental strength and resilience of the US economic system will not be impaired by recent events," the ECB said.

The bank issued a statement after its 18-member governing council decided not to make an emergency interest rate cut in response to market disruption caused by the attacks.

The ECB said

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