Tuesday 25 July 2017

Charlie Weston: More treats, fewer tricks as ECB's Trichet retires

IT seems appropriate that the president of the European Central Bank, Jean-Claude Trichet, ended up retiring on Halloween.

After all, his critics were quick to note, during his tenure the eurozone became a "house of horrors".

Today the Frenchman is replaced by Italian Mario Draghi, with expectations that one of the major announcements from the new man in Frankfurt will be a cut in interest rates.

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