From The Free Forex Encyclopedia
Jean-Claude Trichet is the former President of the European Central Bank. Mr. Trichet came to the Presidency of ECB after serving as the President of Bank of France.
With his continental confidence, Mr. Trichet had been able to communicate the ECB agenda with precision and much appreciated candidness. To his critics he had been too slow to respond to European problems of stagnation and chronically high unemployment. To his admirers he has prudently managed the monetary policy of the 12 nation union during the time of great political, economic and demographic change in the region. Mr. Trichet's preferred fighting inflation rather than generating economic growth.