European Central Bank (ECB) Governing Council member Jens Weidmann said in an interview with the German newspaper Frankfurter Allgemeine Zeitung published on Friday that the central bank should not add further stimulus measures as inflation excluding volatile energy and food prices was rising. He noted that low oil prices weigh on inflation.

Weidmann warned that the ECB's asset-buying programme could have the same effect as buying government bonds directly from issuer countries, adding that it is forbidden.