Weidmann says ECB should have set time for end to asset purchases
Current policy risks blurring line between fiscal and monetary policy, Bundesbank president says
Deutsche Bundesbank president Jens Weidmann has publicly criticised the European Central Bank’s failure to set a date for the ending of its asset purchase programmes.
On October 26, president Mario Draghi announced that the ECB’s governing council had decided that bond purchases would continue until at least September 2018. In a speech in Paris on October 27, Weidmann said Draghi should have indicated what he called a clear date for the ending of the bond purchases. The failure to do so risked
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