European Central Bank Governing Council member Jens Weidmann: there was no need for further stimulus measures by the ECB

Market news

21 March 2016

European Central Bank Governing Council member Jens Weidmann: there was no need for further stimulus measures by the ECB

European Central Bank (ECB) Governing Council member Jens Weidmann said in an interview over the weekend that there was no need for further stimulus measures by the ECB.

"It would make sense to pause," he said, adding that reforms were needed.

Weidmann warned about helicopter money, saying that it will weigh on the central bank's balance sheets.

Eurozone’s current account surplus falls to a seasonally adjusted €25.4 billion in January

International Monetary Fund Managing Director Christine Lagarde: the global economy would be worse without negative interest rate in Europe and Japan

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