Former ECB's Trichet: the Enemies are Inflation Secondary Effects

Bloomberg
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Former ECB's Trichet: the Enemies are Inflation Secondary Effects
Bloomberg
Written by Bloomberg
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The former ECB President Jean-Claude Trichet talks about the impact on Europe from the geopolitical tensions, a day before the ECB decision. He argues that recession is an option given the level of uncertainty, and the secondary effects of inflation are the real enemies of the ECB.

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