This role will in turn explain why central banks, including of course the Eurosystem and the ECB, have expanded their balance sheets during the crisis. Second, I will elaborate on risk management in central banks, explaining how this differs from risk management practices in private financial firms.
She looked at the facts; she analysed the evidence and came to conclusions that could be defended by the data and analysis, even when such conclusions were uncomfortable for some, especially those in leadership positions or high office. Ruth was an outstanding investigative reporter and mentored dozens of young journalists to look analytically into an issue before putting pen to paper.