BuBa's Weidmann: Deflation fears have largely disappeared

Eren Sengezer FXStreet

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

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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