Central World Bankers: Let's not make this a 1937 moment

Central bankers stress not rushing for exits

JACKSON HOLE, Wyoming (Reuters) - If there was one message from central bankers gathered at this mountain retreat this weekend it was this: Don't expect us to raise interest rates any time soon.

A series of speakers at the Kansas City Federal Reserve Bank's annual conference, which drew the monetary policy elite from around the world, heralded the global economy's apparent push out of its deep recession.

But they noted that economies were recovering only with extraordinary stimulus from governments and central banks, and said it was too soon to talk of a self-sustaining recovery.

"I am a little a bit uneasy when I see that, because we have some green shoots here and there, we are already saying, 'Well, after all, we are close to back to normal,'" European Central Bank President Jean-Claude Trichet said on Friday.

"We have an enormous amount of work to do."