Trichet Warns Against “Beggar-They-Neighbor Policies”

ECB President Jean-Claude Trichet Tuesday warned against “beggar-they-neighbor policies” and “wars of any kind,” in remarks that appeared to be aimed at countries that resort to competitive currency devaluations. “What we need today is not ‘wars’ of any kind, but a strong and renewed commitment to confident and resolute cooperation,” Trichet said in a speech given at the Economic Club of New York. – iMarketNews

Jasper - The Real Deal!

Risk Our Money Not Yours | Get 50% Off Any Account!

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.