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Session 20: Key Issues for Monetary Policy: An ECB View
Tuesday, 8:00-9:15 am Ballroom BC
The euro is five years old. The European Union has become twenty-five countries. The European Central Bank has a clearly defined inflation target of zero-to-two percent. Come hear the views of its new president.
Sponsored by Standard & Poor's
Session Downloads
Jean-Claude Trichet, Key Issues for Monetary Policy, An ECB View (speech at the ECB web site)
Links of Interest
Speaker
Jean-Claude Trichet
President, European Central Bank
Governor, Banque de France
Jean-Claude Trichet is the president of the European Central Bank. He is the past governor of the Banque de France. He is Alternate Governor for the International Monetary Fund and Member of the Board of the Bank for International Settlements. Born in Lyons, he is an "Ingénieur Civil des Mines", a graduate of the Institut d'Etudes Politiques de Paris and holds a Master's in economics. He worked in the competitive sector in 1966-1968, attended the École Nationale d'Administration in 1969 and was appointed "Inspecteur des Finances" in 1971.
He was then assigned to various posts at the Ministry of Finance in the General Inspectorate of Finance and later in the Treasury Department, where in 1976, he became the Secretary General of the Interministerial Committee for Improving Industrial Structures.
Jean-Claude Trichet was made an adviser to the cabinet of the Minister for Economic Affairs (René Monory) in 1978, and then an adviser to the President of the Republic (Valery-Giscard d'Estaing) in the same year. In this capacity, he worked on issues relating to energy, industry, research and microeconomics from 1978 to 1981. He subsequently became Deputy Head of Bilateral Affairs at the Treasury Department from 1981 to 1984, Head of International Affairs at the Treasury and was Chairman of the Paris Club (sovereign debt rescheduling) from 1985 to 1993. In 1986, he directed the private office of the Minister for Economic Affairs, Finance and Privatization (Edouard Balladur), and in 1987 he became Head of the Treasury. In the same year, he was appointed to be the Censor of the General Council of the Banque de France and deputy governor of the IMF and the World Bank. He was the Chairman of the European Monetary Committee from 1992 until his appointment as the Governor of the Banque de France in 1993. He has been the chairman of the Monetary Policy Council of the Banque de France since 1994, member of the board of the European Monetary Institute from 1994 to 1998 and member of the Governing Council of the European Central Bank since 1998.
