Trichet Indicates ECB Bond Purchases Not Unanimous
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European Central Bank President Jean-Claude Trichet indicated the bank’s decision to buy government and private bonds wasn’t supported by all 22 Governing Council members.
“On some of the decisions there was unanimity, I won’t give details, and on some there was an overwhelming majority,” Trichet said in an interview with Bloomberg Television today in Basel, Switzerland. “On bond purchases we had an overwhelming majority.”