We won’t shore up money markets indefinitely: Trichet

jean-claude-trichet-113-130-jpg

Jean-Claude Trichet, the president of the European Central Bank (ECB), has affirmed that the central bank will withdraw liquidity as signs of improvement in money markets emerge.

"We have introduced exceptional measures under exceptional circumstances. We will have to phase them out once the rationale for these measures fades away and the situation normalises," he said to the Economic and Monetary Affairs Committee of the European Parliament.

The ECB, along with the Bank of England and the Swiss

To continue reading...

You must be signed in to use this feature.

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 indvidual account here: