ECB's Weidmann: ECB policy normalization process to be slow, likely to take several years
|Jens Weidmann, President of the Deutsche Bundesbank and ECB board member, recently crossed the wires saying that bad news from the German economy could continue for a while.
Key quotes
- Growth risks for Germany are on the downside, uncertainty high.
- Expects German economy to grow below 1.5% this year.
- ECB policy normalization process to be slow, likely to take several years.
Source: Reuters.
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