Less than one week after Jean-Claude Trichet engineered a truce, fractious ECB policy makers go...

|By:, SA News Editor

Less than one week after Jean-Claude Trichet engineered a truce, fractious ECB policy makers go back to bickering. In contention: Is the €60B earmarked for covered-bond purchases the maximum, or just a starting point? Even so, repercussions from the move seem positive - even before the bank has spent a single euro.