(Bloomberg) -- The European Central Bank might be run
by a Frenchman; its heart and soul belong to Germany's Bundesbank.
ECB President Jean-Claude Trichet faces political pressure to
stop raising interest rates, and some of his own policy makers
query the extent of the inflation threat in Europe. Still,
investors are betting he'll push borrowing costs higher, upholding
the legacy of Germany's central bank, which celebrates its 50th
anniversary tomorrow.
Read more at Bloomberg Exclusive News
by a Frenchman; its heart and soul belong to Germany's Bundesbank.
ECB President Jean-Claude Trichet faces political pressure to
stop raising interest rates, and some of his own policy makers
query the extent of the inflation threat in Europe. Still,
investors are betting he'll push borrowing costs higher, upholding
the legacy of Germany's central bank, which celebrates its 50th
anniversary tomorrow.
Read more at Bloomberg Exclusive News
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