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UBS Chairman Weber warns ECB & BOJ have reached the limits of monetary stimulus

Discussion in 'Fundamental Analysis' started by ForexLive, Apr 20, 2016.

  1. ForexLive

    ForexLive Forum Member

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    UBS Group Chairman and former president of Germany's Bundesbank, Axel Weber reported in the Wall Street Journal - "We are now at a point...probably [where] the net benefits of further monetary easing, in particular in Europe but also in Japan, are outweighed by the costs and side effects" On the Federal Reserve, Weber doubts they can raise rates as other major central banks cut:

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