BuBa's Weidmann: Deflation fears have largely disappeared
|Dr. Jens Weidmann, President of the German Bundesbank, delivered his speech titled "The monetary policy after the crisis," with the key quotes found below:
- Governing Council must pay attention not to miss the right timing for monetary policy normalization
- Deflation fears have largely disappeared
- Given the dampened price increase, an expansive focus on monetary policy in the euro area remains appropriate
- It is clear that the monetary policy of the euro area will remain exceptionally accommodating even after the end of the net purchases under the bond purchase program
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