ECB's Weidmann: Appropriate to stop bond buys this year

Eren Sengezer FXStreet

"It would be "appropriate" for the European Central Bank to stop its bond purchases, due to run at least until September, this year," the ECB Governing Council member and Bundesbank Chairman Jens Weidmann told German newspaper Frankfurter Allgemeine Zeitung.

Key quotes (via Reuters)

ECB bond buys have negative side effects that should not be ignored.

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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