ECB board bypass Frankfurt

Apparently none of the Frankfurt based European Central Bank's board members actually live in Frankfurt, the FT revealed this week.

Instead they all commute, it reported, quoting an interview with Petra Roth, mayor of Frankfurt, and Rolf Breuer, chairman of Deutsche Bank's supervisory board, in the Finance Foundation Review.

Last December CentralBankNet reported on Trichet's new abode:

After stepping into Wim Duisenberg's shoes at the start of November as President of the European Central Bank

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