Trichet: ECB Still In A Mode of Unlimited Supply of Liquidity
July 08, 2010 at 11:56 AM EDT
The European Central Bank [ECB] will continue to adjust the provision of liquidity as appropriate and supply unlimited short-term funds to struggling banks under its emergency loan programme, ECB President Jean-Claude Trichet told a news conference Thursday after the European Central Bank kept interest rates at a record low of 1.0%. Trichet also [...]