US being aggressive against India makes no sense: Jean-Claude Trichet

Summary

Former president of European Central Bank says protectionism is a ‘lose-lose game’, and that India’s informal economy may cushion it against any AI shock

Asked how the monetary policy of an emerging economy like India should respond to a protectionist America, Trichet said when the world is agitated, central banks “that are dedicated to stability, to financial stability and to price stability, have mo... [4525 chars]