Poorer households trust the European Central Bank less, study finds

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Poorer households trust the European Central Bank less, study finds
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A report released Wednesday found that trust in the ECB, national central banks and the European Commission was lowest among households who earn less than €20,000 per year or who feel that inequality is too large

Poorer households trust the European Central Bank less, particularly in countries where income inequality is greater, an ECB study showed on Wednesday.

In their report, ECB economists found that trust in the ECB, national central banks and the European Commission was lowest among euro zone households who earn less than €20,000 per year or who feel that inequality is too large. The relationship was strongest in Italy, where inequality is greater, and weakest in the more equal Netherlands.

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