Welteke: Past rate cuts will still show effect

GERMANY - Current price developments in the euro zone are "positive", but past interest rate cuts have yet to fully show their effect, Deutsche Bundesbank President Ernst Welteke said Wednesday.

Therefore the European Central Bank would be well advised to await further economic developments before changing interest rates, Welteke told Swiss biweekly Finanz & Wirtschaft.

"The interest rate cuts from last autumn will still show some effects for a longer time," Welteke said. On the other hand, signs

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.