The ECB made €6.7B in sovereign bond purchases last week vs. €14.3B the previous week. Speaking...

|By:, SA News Editor

The ECB made €6.7B in sovereign bond purchases last week vs. €14.3B the previous week. Speaking before an EU parliamentary committee, president Trichet brushes off comparisons with the Fed, saying the ECB program is to correct "malfunctioning of markets."