ECB : Central Banks Need to Raise Rates Quickly at Crisis End

Central Banks Need to Raise Rates Quickly at Crisis End: Quaden

By Sandrine Rastello May 29 (Bloomberg)

The European Central Bank’s GuyQuaden said central banks will need to raise interest ratesquickly and strongly at the first signs of a sustainableeconomic recovery.Speaking at a conference in Morocco today, Quaden saidgovernments will also need to change direction on fiscalpolicies.

*TRICHETS SAYS ECB MUST `REINFORCE' ECONOMIC RESILIENCE

*TRICHETS SAYS ECB'S ACTIONS MAKE IT CREDIBLE IN THE LONG TERM