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Is the ECB Really the Most Important Central Bank in the World?
I think it is very, very dangerous game when unelected technocrats are effectively pushing what should be in the purview of a legislative body. The ECB remains absolutely committed to the cause, led by convicted felon Christine Lagarde. So I thought it was a very important speech by the Fed and Powell. He basically reset expectations again he said you know what, we're going to become a serious central bank.