- European Central Bank Governing Council member Jens Weidmann: the latest stimulus measures by the ECB went too far
Market news
23 March 2016
European Central Bank Governing Council member Jens Weidmann: the latest stimulus measures by the ECB went too far
European Central Bank (ECB) Governing Council member Jens Weidmann said in a speech on Wednesday that the latest stimulus measures by the ECB went too far and did not convince him.
He noted that there was no risk of deflation.
Weidmann warned that low interest rates could lead to asset bubbles and to lower willingness to implement structural reforms.
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