Trichet sees no cut in eurozone interest rates

European Central Bank president Jean-Claude Trichet has ruled out a cut in eurozone interest rates but suggested that the cost of borrowing was unlikely to rise either, saying inflation was under control.

"Our position is very, very clear... a decrease of rates is not an option," he told a press conference following a meeting of finance ministers and central bankers from the Group of Seven (G7) rich nations in Washington at the weekend.

"We consider the present rates are appropriate and in line

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.