Weidmann argues in Karlsruhe for strict monetary policy rules
Independent central banks need strict limits to their flexibility, according to Bundesbank president Jens Weidmann, in a speech last week covering monetary and fiscal policy, and financial market regulation.
Speaking in Karlsruhe, the seat of Germany's Federal Constitutional Court (FCC), just days after the court's ruling that the ECB's outright monetary transactions (OMT) programme probably runs contrary to European law, Weidmann said a strict legal framework is particularly important "in a
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