ECB: Trichet: turning point for global economy
The President of the European Central Bank (ECB), Jean-Claude Trichet, has said there are now signs that the global economy has reached a turning point, with indicators released by the Organization for Economic Cooperation and Development (OECD) today showing that a number of the world’s economies are showing signs of slight improvement. “We are, as far as growth is concerned, around the inflection point in the cycle,” Trichet said at the bi-monthly meeting of global central bankers at the Bank for International Settlements in Basel, Switzerland
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