Finance

Former ECB's Trichet: the Enemies are Inflation Secondary Effects

The former ECB President Jean-Claude Trichet talks about the impact on Europe from the geopolitical tensions, a day before the ECB decision. He argues that recession is an option given the level of uncertainty, and the secondary effects of inflation are the real enemies of the ECB. (Source: Bloomber

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Bloomberg
April 29, 2026·1 min read
Former ECB's Trichet: the Enemies are Inflation Secondary Effects

Image: Bloomberg

The former ECB President Jean-Claude Trichet talks about the impact on Europe from the geopolitical tensions, a day before the ECB decision. He argues that recession is an option given the level of uncertainty, and the secondary effects of inflation are the real enemies of the ECB. (Source: Bloomberg)

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Former ECB's Trichet: the Enemies are Inflation Secondary Effects

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