
Buba's Weber says ECB rates appropriate
'Central bank rates in the euro area are historically low and monetary conditions are generous,' the Bundesbank chief said. Current economic data for the 12 countries that share the euro were 'mixed', justifying the ECB's 'wait-and-see' stance on rates, Weber said.
'We have no bias' with regard to the direction in which interest rates were moving, he said. 'And I
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