Downturn bottomed out, Trichet signals By Chris Giles and Daniel Pimlott in London and Ralph Atkins in Frankfurt Published: May 11 2009 14:35 | Last updated: May 11 2009 20:36 Jean-Claude Trichet signalled on Monday that the global downturn had bottomed out with some large economies already able to put the recession behind them and look forward to renewed growth. OECD composite leading indicatorsThe European Central Bank president’s comments on Monday in Basel, Switzerland, had added weight because he was speaking on behalf of the world’s leading central bankers, not just for the eurozone. His remarks came as the Organisation...