ECB faces hurdles on long road to normal policy: Weidmann

Send a link to a friend  Share

[September 20, 2018]  FRANKFURT (Reuters) - The European Central Bank faces hurdles on the way to normalizing its monetary policy after years of extraordinary stimulus, ECB policy maker Jens Weidmann said in an interview published on Thursday.

Germany's Bundesbank President Jens Weidmann speaks in Berlin, Germany, August 23, 2018. REUTERS/Hannibal Hanschke -/File Photo

"(Policy normalization) is a long road which hides big challenges and whose end-point has yet to be determined," Weidmann, the head of Germany's central bank and a prominent policy hawk, told financial newspaper Handelsblatt.

(Reporting By Francesco Canepa; Editing by Toby Chopra)

[© 2018 Thomson Reuters. All rights reserved.]

Copyright 2018 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.  Thompson Reuters is solely responsible for this content.

 

Back to top