European Central Bank Governing Council member Jens Weidmann: there is no need for more stimulus measures

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13 junio 2016

European Central Bank Governing Council member Jens Weidmann: there is no need for more stimulus measures

The European Central Bank (ECB) Governing Council member Jens Weidmann said on Monday that there was no need for more stimulus measures, adding that the current stimulus measures needed more time to take effect.

"The current monetary environment requires no further easing," he said.

Weidmann noted that the ECB's quantitative easing was appropriate as inflation was low. But he pointed out that the risks and side effects of the stimulus measures would rise over time.

European stock markets mid session: stocks traded lower on uncertainty over Britain’s membership in the EU

Foreign direct investment inflows in China fall by an annual rate of 1.0% in May

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