The European Central Bank (ECB) Governing Council member Jens Weidmann: further stimulus measures by the ECB were not needed

Market news

4 December 2015

The European Central Bank (ECB) Governing Council member Jens Weidmann: further stimulus measures by the ECB were not needed

The European Central Bank (ECB) Governing Council member Jens Weidmann said on Thursday that further stimulus measures by the ECB were not needed.

"Considering the dominant role of the energy-price decline for the price development in the Eurozone and earlier comprehensive monetary policy measures, that also can have risks and side effects, I did not believe a further loosening of policy was necessary," he said.

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