European policy-makers should aim to stop using non-standard monetary policy tools except in financial crises, Jens Weidmann said in Frankfurt on November 16.
The president of the Deutsche Bundesbank has stated before that the quantitative easing measures adopted by the European Central Bank should be ended when the time is ripe. But he made perhaps his sharpest criticisms so far of what he said were some of the possible effects of the ECB continuing to use its QE toolkit.
- Central banks face loss of independence – Central Banking survey
- Summers and Stansbury warn of ‘black hole’ as central bankers debate solutions
- Germany issues first ever zero coupon 30-year bond
- Overcoming deflation: Japan’s experience and challenges ahead
- Mark Carney on joined-up policy-making, forward guidance and Brexit