FT with an interview with Jens Weidmann
– It is not unusual for politicians to have opinions on mon pol but we are independent
– The ECB has to deliver on its price stability mandate and thus expansionary mon pol stance is appropriate
Poor old Jens is between a rock and a hard place. His views on how far the ECB should go with policy are well know but he’s being put in the middle of a fight brewing between Germany and the ECB. He looks to have chosen his side, which is right considering his position as ECB governing council member.
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