Ignore the warnings from the Intern

Ignore the warnings from the International Monetary Fund (IMF) and the World Bank about the dangers of tightening. That was the message of former European Central Bank (ECB) President Jean-Claude Trichet for Fed chair Janet Yellen, with just two days before the highly anticipated Fed meeting.

In an interview with CNBC, Trichet noted that the central bank has to be independent of the self-appointed advisers, as it is "part of the credibility of the monetary policy."

Earlier this month, both the World Bank and the IMF warned the Fed against increasing rates until the world economy was on a surer ground. Their calls followed a multi-weeks turmoil in global markets, driven by jitters over China's economic downturn and the prospect of higher borrowing costs in the world's largest economy.

"They can give good advice on a more medium term basis, but not on a precise decision at a certain moment," Trichet said. "I really think it is not their mandate, to do that."

If the Fed does decide with an increase this week, no one should be taken aback, he added. Policy makers were very clear in saying the hike was approaching, so no market player should say they were not warned in advance.

Trichet also said further monetary easing by the ECB shouldn't come as a surprise to investors either.

He explained that since the very beginning when QE was started, it was clearly said it would go up to September 2016, and over and above this deadline if necessary.

Earlier this month, the ECB downgraded its growth and inflation forecasts and left the door open to extend and widen its bond buying program that currently stands at 60 billion euros per month and is due to expire in September 2016.

In his assessment of the euro zone economy, Trichet said he believed the 19-nations bloc has almost completely regained ground, except for Greece.

The echo of the sovereign risk is progressively being removed, "and it's clear that when you look at Spain, Spain is growing now and quite correctly, Ireland is growing, Portugal is growing," he said.

Greece is a special case, Trichet added, "but those who were in the heat of the crisis, now the hard work has been done and the adjustment is paying off now in terms of growth and job creation," he added.

As for the shared currency, ex-ECB president believed it traded at an appropriate level given Europe's current growth dynamics.

"At the present moment, it seems to me that taking the European perspective, the present level is correct," he said.

Hasil (Bahasa Indonesia) 1:

Mengabaikan peringatan dari Dana Moneter Internasional (IMF) dan Bank Dunia tentang bahaya pengetatan. Pesan itu bahwa Bank (ECB) mantan Eropa Tengah Presiden Jean-Claude Trichet untuk Ketua Janet Yellen makan, dengan hanya dua hari sebelum pertemuan yang sangat diantisipasi makan. Dalam sebuah wawancara dengan CNBC, Trichet mencatat bahwa Bank Sentral harus mandiri Penasihat The Self-ditunjuk, sebagai IT adalah "bagian dari Kredibilitas Kebijakan Moneter." Awal bulan ini, Kedua Bank Dunia dan IMF memperingatkan terhadap tarif meningkat sampai The Fed pada Ekonomi Dunia adalah tanah penjamin. Panggilan mereka mengikuti gejolak Multi-minggu di pasar global, didorong oleh kegelisahan Selama China penurunan Ekonomi dan Prospek biaya pinjaman yang lebih tinggi di Dunia 'Ekonomi terbesar s. "Mereka dapat Berikan Good Advice pada basis jangka Lebih Sedang, tapi tidak pada Precise keputusan pada saat tertentu, "kata Trichet. "Saya benar-benar berpikir IT tidak mandat mereka, untuk melakukan itu." Makan The Jika ini MEMUTUSKAN dengan peningkatan Minggu, Satu harus ada yang terkejut, ia Ditambahkan. Pembuat Kebijakan sangat tidak jelas mengatakan kenaikan itu mendekat, sehingga tidak ada harus mengatakan mereka tidak memperingatkan Pasar Pemain di muka. Trichet juga mengatakan pelonggaran lebih lanjut oleh ECB Moneter Datang sebagai kejutan untuk Investor seharusnya tidak baik. Dia menjelaskan bahwa sejak The Sangat Awal Ketika QE itu Dimulai, IT jelas mengatakan TI akan pergi Hingga September 2016, Atas dan di atas batas waktu ini jika perlu. Awal bulan ini, ECB menurunkan Pertumbuhan dan Inflasi Prakiraan dan meninggalkan Pintu Terbuka Perluas dan memperluas nya Program Membeli Obligasi yang saat ini berdiri 60 miliar euro per bulan dan akan berakhir pada bulan September 2016. Penilaian Nya Dalam Ekonomi Zona Euro, Trichet mengatakan ia Diyakini The 19-blok Bangsa telah kembali tanah Hampir sepenuhnya, kecuali untuk Yunani. The gema Risiko berdaulat secara progresif dihapus, "dan IT 's jelas bahwa ketika Anda Lihatlah Spanyol, Spanyol Tumbuh sekarang dan cukup benar, Irlandia Tumbuh, Portugal Tumbuh," katanya. Yunani adalah kasus khusus, Trichet Ditambahkan, "tetapi mereka yang berada di The Panas dari Krisis, The Kerja Keras sekarang telah Selesai dan Penyesuaian ini sekarang melunasi dalam hal Pertumbuhan dan Penciptaan Lapangan Kerja," ia Ditambahkan. The Bersama Adapun mata uang, Presiden ECB Diyakini ex-IT diperdagangkan pada tingkat yang tepat diberikan Eropa Pertumbuhan sekarang Dynamics. "Saat ini Momen, The Eropa tampaknya TI untuk Me Mengambil perspektif itu, Tingkat ini benar," katanya.