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International Monetary Fund

Jean-Claude Trichet is a former President of the European Central Bank, a post that he held from 2003 to 2011. He is currently chairman of the Group of Thirty (a position he has held since 2011) and of the Board of Directors of the Bruegel Institute (since 2012). He is also a member of the Institut de France (Académie des Sciences Morales et Politiques). Born in Lyon, France, in 1942, Mr. Trichet is an honorary Inspecteur général des Finances and Ingénieur civil des Mines. He is a graduate of the Ecole nationale supérieure des Mines de Nancy, of the

International Monetary Fund

great fortune of having as our guest Jean-Claude Trichet, with a lecture entitled “Central Banking in the Crisis: Conceptual Convergence and Open Questions on Unconventional Monetary Policy.” I think it’s difficult to think of a more timely topic and of anyone better suited to approach such an important issue. Implementation of unconventional monetary policies since the crisis of 2007–09 has been of the greatest significance. During the initial phase of the crisis, of course, central banks had to play the lender-of-last-resort function and had to resort to rather

International Monetary Fund. External Relations Dept.

On May 30, former IMF Managing Director Michel Camdessus (left) received the Officer of the Legion of Honor decoration. Jean-Claude Trichet, Governor of the Banque de France, presented the award under the Pyramide de Louvre in connection with a high-level conference celebrating the bicentennial of the Banque de France.