Germany's Schaeuble: Ultra-loose monetary policy could raise risk of new financial crisis - Reuters

Eren Sengezer FXStreet

Germany's finance minister Wolfgang Schaeuble is crossing the wires, via Reuters, stating that the ultra-loose monetary policy could raise risk of a new financial crisis rather than reduce it.

Key quotes (via Reuters):

Would not be a bad idea if ECB and other central banks began to follow the Fed example of a change in mon. policy direction
German trade surplus is result of German products' quality, not FX manipulation
German current account surplus with U.S. is shrinking and will shrink further

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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