While Federal Reserve chairman Ben Bernanke faces pressure to spur the U.S. recovery, European Central Bank president Jean-Claude Trichet can take life a bit easier.
For the first time in what must seem like ages, Trichet's monthly press conference Thursday after the central bank's rate-setting meeting will not be engulfed by crisis talk and questions about possible government default.
Following months of procrastination and indecision, Europe's leaders and the ECB appear to have pulled their act together and doused the flames of a government debt crisis that threatened the fabric of the 16-country single currency zone.
The impending sense of …
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