Christine Lagarde inherits a split in ECB from Mario Draghi
– Do you let the woman enter first?
– Only if there’s the “Beware of dog” sign!
There has been much talk in the market that Mario Draghi prepared a gift for Christine Lagarde by reviving European QE and that he did the donkey work while the French woman may rest on her laurels. In fact, the ex-Chairwoman of the International Monetary Fund has to deal with a split among the executive board’s members and the rebellious hawks, one of which, Jens Weidmann, is ready to do all he can…
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