ECB President Mario Draghi has said much the same.

ECB president Jean Claude Trichet and the Governing Council strongly disagree.

That is why ECB President Mario Draghi rejected Hollande s suggestion almost instantly.

Most recently, German Chancellor Angela Merkel has backed ECB President Mario Draghi, leaving Bundesbank President Jens Weidmann isolated.

His attacks on ECB President Jean Claude Trichet were often vicious and quite personal.

And the undertaker was not ECB President Mario Draghi it was German Chancellor Angela Merkel.

The ECB President made it clear he will do his duty whatever the political pressure.

But the ECB holds firm against cutting indeed, after the Governing Council s December meeting, ECB President Jean Claude Trichet said that some members were in favor of raising rates.

Nor will ECB President Jean Claude Trichet be intimidated by French pressure to pursue a softer monetary policy.

Italian bond rates had already been falling before ECB President Mario Draghi announced the conditional bond buying plans.

His colleague on the ECB Governing Council, Bundesbank president Axel Weber, seems to have gotten the message that the more ECB officials talk up inflationary fears, the more the trade unions will ask.

The Naked ECB

So far, the social partners, as ECB president Jean Claude Trichet likes to call the unions, have been quiet.

The newest demand, loudly voiced by French President François Hollande, is for the ECB to manipulate the exchange rate.

Of course, there are German economists (not to mention Chancellor Angela Merkel s government) who support ECB President Mario Draghi s policies.

The ECB Grows Up

Expect more ECB bashing.

European Central Bank (ECB)

So far, the social partners, as ECB president Jean Claude Trichet likes to call the unions, have been quiet. Should this change, the ECB will have to raise rates even if Europe s economic growth remains slack.

It was the first time that the president of the ECB has had to reveal that a decision was not unanimous.

And if Italy were helped, the incoming ECB President, Mario Draghi, an Italian, would be criticized, no matter how dire Italy s need.

In July 2012, European Central Bank President Mario Draghi pledged that the ECB would do whatever it takes to preserve the euro.

Is the ECB Doing Enough?

The ECB and Its Critics

Ecb Is Now Europe s Anchor

Germany s Case Against the ECB

Together, the ECB and the EFSF could do what the ECB cannot do on its own.

European Central Bank President Jean Claude Trichet would never allow this to happen to the ECB he manipulates markets markets don t manipulate him.

As holders of euro denominated assets recognized this situation, they turned to the ECB for insurance (which the ECB could not deliver under its previous president, Jean Claude Trichet, whose leadership was defined by his commitment to maintaining price stability).

Helping the ECB Cross the Rubicon

Why the ECB Should Buy American

Out of Step at the ECB

The ECB Picks Up The Pace

Occupy Frankfurt in front of ECB.

LONDON Mario Draghi, the president of the European Central Bank, has repeatedly claimed that the ECB will do everything necessary to save the euro.

European Central Bank President Mario Draghi s announcement last summer that the ECB would do whatever it takes to preserve the euro reassured financial markets.

External political pressure on the ECB and its president, Jean Claude Trichet, to lower interest rates and talk the euro down surely would increase.

Both Jean Claude Trichet, the ECB president, and Jacques Attali, the founding president of the European Bank for Reconstruction and Development, have now called openly for the establishment of a European Ministry of Finance.

The tone of ECB President Jean Claude Trichet s comments in the Q A section of the press conference following the October meeting was unusually hawkish.

With Sarkozy off his back, ECB President Jean Claude Trichet might feel freer to cut interest rates to counter the impending economic slowdown in Europe.

Only the ECB can provide this insurance.

A Wake Up Call for the ECB

That points towards reliance on the ECB.

That is exactly what the ECB is doing.

The voting structure in the ECB is flawed.