Buba's Weber says ECB won't bow to rate pressure

The European Central Bank will definitely not put off possible further rises in interest rates to avoid potential clashes with eurozone politicians, Bundesbank President Axel Weber said Friday 15 December in an interview with the Frankfurter Allgemeine newspaper.

Asked by the newspaper whether the ECB would forego further rate increases temporarily so as not to fuel political anger, particularly in France, Weber replied: "One hundred percent no! That has no influence on our deliberations. It w