Tuesday, February 26, 2008

Trichet is still worried about US recession and the affect on the Euro Zone


ECB Trichet- the euro area economy may not be able to solely rely on emerging markets growth to shield it from a possible US recession. Trichet said the ``key question'' is to asses how and ``to which extent a possible slowing down in some mature economies might be partially offset by stronger growth in other regions.''.

Today you could buy euros against the US Dollar at 1.4800

No comments: