- European Central Bank Governing Council member Jens Weidmann: quantitative easing is appropriate as inflation is low
Market news
2 May 2016
European Central Bank Governing Council member Jens Weidmann: quantitative easing is appropriate as inflation is low
European Central Bank (ECB) Governing Council member Jens Weidmann said on Monday that quantitative easing was appropriate as inflation was low, adding that quantitative easing for a longer period could entail risks and side effects.
He pointed out that global economy needed supply side demand reforms not stimulus measures.
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