Jean-Claude Trichet

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Jean-Claude Trichet is the President of the European Central Bank. Mr. Trichet came to the Presidency of ECB after serving as the President of Bank of France. As perhaps the second most powerful policy maker in FX markets, Mr. Trichet now enjoys a far more august reputation as a cautious and forthright banker. With his continental confidence, Mr. Trichet has been able to communicate the ECB agenda with precision and much appreciated candidness. To his critics he has 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 prefers fighting inflation rather than generating economic growth.

"You must pay the price if you wish to secure the blessings."
Andrew Jackson
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