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Home>Trichet Is Not Alone in Facing Policy Dilemmas

Trichet Is Not Alone in Facing Policy Dilemmas

Perspectives Content Submission

Wed, 9 Mar 2011

The minute Jean-Claude Trichet, the talented president of the European Central Bank, uttered the phrase “strong vigilance,” global markets immediately pushed European interest rates significantly higher and the euro strengthened. This understandable reaction to the prospects of an interest rate ris

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