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Bundesbank's Weidmann sides with Draghi against Germany's ECB complaints - FT

Discussion in 'Fundamental Analysis' started by ForexLive, Apr 12, 2016.

  1. ForexLive

    ForexLive Forum Member

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    FT with an interview with Jens Weidmann - It is not unusual for politicians to have opinions on mon pol but we are independent - The ECB has to deliver on its price stability mandate and thus expansionary mon pol stance is appropriate Poor old Jens is between a rock and a hard place. His views on how far the ECB should go with policy are well know but he's being put in the middle of a fight brewing between Germany and the ECB. He looks to have chosen his side, which is right considering his position as ECB governing council member.

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