German economic council urges ECB to tighten policy

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The German Council of Economic Experts says in its annual report that the European Central Bank should start to make public its plans to normalise its policy and end its bond-buying programme earlier than planned.

The council, which has evaluated the economic policies of the German government since 1963, estimates stronger growth and higher inflation in the eurozone already provide justification for  the ECB to abandon its accommodative monetary policies.

“Furthermore, the Governing Council of

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