FRANKFURT: Gathered in a German mountain castle last November for an evening retreat that ended with a whiskey-tasting, rebel European Central Bank (ECB) policymakers and Christine Lagarde, their newly confirmed president, made a pact.
Lagarde pledged to spend more time listening, and not to front-run decisions before policymakers had weighed in, as her predecessor Mario Draghi was often accused of doing.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!