Former European Central Bank (ECB) chief Jean-Claude Trichet condemned attacks on central banks after current President Mario Draghi faced a backlash over the major stimulus package announced Thursday.
One German tabloid newspaper on Friday featured an image of Draghi as Count Dracula "sucking' savers" money away.
President Donald Trump also took to Twitter in the aftermath of the ECB's announcement to accuse the ECB of depreciating the euro with a knock-on effect of hurting U.S. exports. The central bank’s quantitative easing program will entail 20 billion euros per month of asset purchases for as long as it deems necessary. The ECB also cut its main deposit rate by 10 basis points to -0.5%.
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