ECB head of states’ display screens of feeling impact markets– research

The faces and intonations taken on by European Central Bank (ECB) presidents can magnify the effect of the ECB’s financial policy choices on the wider markets, a brand-new research study shows.

Researchers at the University of Giessen in Germany analyzed 100 press conferences by Christine Lagarde, the financial institution’s current president, and Mario Draghi, her instant precursor, between 2012 and 2023 Their aim was to measure the feelings mirrored in the presidents’ face and singing expressions while

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