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Free AccessECB’s German Policymaker Sells Stimulus To Its Hawks (FT)
The European Central Bank's newest German policymaker is emerging as a crucial intermediary between its more conservative council members and president Christine Lagarde, who has vowed to seek consensus over its multitrillion-euro stimulus programme. Isabel Schnabel, a former economics professor at the University of Bonn who became one of the ECB's six executive board members a year ago, played a pivotal role in last month's compromise which led to the expansion of its main stimulus programme, according to several members of its governing council.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.