US Fed decision are 'market driven'-Tietmeyer

UNITED STATES - The US Federal Reserve must take care not to allow its policy decisions to be market driven, former Bundesbank president Hans Tietmeyer told the Apr 12 edition of German financial magazine Focus Money, according to an early release of the article.

"Monetary policy cannot be tied to equity markets and the investors' expectations," Tietmeyer said. "The U.S. central bank is dangerously close to becoming a prisoner of the financial markets."

On the European Central Bank (ECB)

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