Germany's Sabine Lautenschlaeger has made public her disagreements with Mario Draghi's pursuit of more QE
Ryan had the headines overnight
More:
- A rare public rift
- There have long been differing views on the bank's 25-member Governing Council ... Butt Lautenschlaeger's public opposition is unusual because the German sits on the six-person Executive Board, which is the nucleus of policy-setting and tends to present a united front
- Lautenschlaeger broke with normal etiquette to publicly criticize ECB quantitative easing & Draghi's promise to do more if need
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Its not strange that such criticism would come from Germany, as Ryan notes .... it's the public nature that is unusual.
Its unclear if Lautenschlaeger jumped on the desk and showered Draghi with glitter at the meeting.
