Time has proved us right, says Trichet

The European Central Bank's (ECB) decision to inject hundreds of billions of extra euros into the money markets to alleviate tensions looks to be the correct one, says Jean-Claude Trichet, the president of the central bank.

Trichet told the Financial Times in an interview published on Monday: "The ongoing market correction that we are seeing, and I think that I would say, the ECB decision-making process has proved to be...I am very cautious and prudent, because it's an ongoing process, but ta

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