Jean-Claude Trichet: The euro area and its monetary policy Address by Mr Jean-Claude Trichet, President of the European Central Bank, at the conference “The ECB and its Watchers IX”, Frankfurt am Main, 7 September 2007.
*  *  *  Ladies and Gentlemen, Television dramas tend to be made about medical rescue teams, hospital emergency rooms and heart surgeons, not about the internists who regularly take your blood pressure and check your cholesterol. A central bank has one emergency room which – sporadically – tackles casualties of car accidents and applies angioplasty and bypass surgery.