Jürgen Stark: The ECB's monetary policy – preserving price stability in times of financial distress Speech by Mr Jürgen Stark, Member of the Executive Board of the European Central Bank, at the conference “The ECB and Its Watchers XI”, Frankfurt am Main, 4 September 2009.
*  *  *  Ladies and gentlemen, Last year at this conference, on 5 September 2008, I said that the previous 13 months had been the most challenging in the ECB’s history. The 12 months since then have been even more difficult.