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ECB’s Weidmann: Monetary policy not a global panacea

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    In introductory remarks before a speech by the IMF's managing director, Lagarde, the European Central Bank's (ECB) governing council member Jens Weidmann said that monetary policy is not a global remedy.

    Key Quotes:

    IMF indispensable part of rescue programmes

    Monetary policy not a global panacea

    Scope for fiscal impulses is limited

    Structural reforms and reducing political uncertainty key to boosting investment
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