Former central bankers attack ECB’s monetary policy

Financial Times/Martin Arnold/10-4-2019

image of skyscraper headquarters for the European Central Bank“A group of former senior European central bankers has published a memo attacking the loose monetary policy of the European Central Bank, which they argued was “based on the wrong diagnosis” and risks eroding its independence.

USAGOLD note:  By and large, central bankers from southern EU countries like what Draghi and the ECB have done, the north does not.

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