Central bankers’ speeches good for the euro, but not ECB – study
People’s support for single currency rises as their trust in institution falls, say LSE researchers
When a European Central Bank executive board member gives a speech, people’s trust in the institution drops but their support for the euro increases, a new study finds.
In a blogpost published today (July 23) by the London School of Economics, researchers In Do Hwang of the Bank of Korea and Thomas Lustenberger of the Swiss Financial Market Supervisory Authority examine eurozone citizens’ attitudes towards the single currency and the central bank that governs it.
Drawing on the Bank of
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