What Trichet Had to Say in ECB Meeting
April 02, 2009 at 14:12 PM EDT
ECB President Trichet does it once again. He has under delivered and postponed the inevitable. This morning, the central bank cut interest rates by only 25bp to 1.25 percent instead of the widely expected 50bp cut, sending the Euro through the roof. Some questions immediately come to mind, which Trichet elegantly answered in his post meeting [...]
