Trichet struggles to control comments by ECB council members

11/4/2009 | Bloomberg

Germany's Axel Weber, a member of the European Central Bank Governing Council, helped spur bond yields when he revealed that the ECB might be shifting policy gears regarding long-term lending to banks. The breach of ECB protocol is one example of difficulties Jean-Claude Trichet, president of the central bank, is facing as he considers exiting stimulus programmes.

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