trichet

  1. myp

    "Super Mario" takes over as Trichet's term comes to a close

    Mario Draghi of Italy took over as ECB President on Nov 1st as Trichet's term ended. In his first meeting, he somewhat unexpectedly agreed with the central bank to reduce the main policy rate by 25 basis points to 1.25%. This came as a surprise to markets as Trichet has always preferred to...
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