Axel Weber

Weber defends mark to market

Axel Weber, the president of the Deutsche Bundesbank, says it is crucial to stick to fair value accounting, especially under adverse market conditions.

ECB sticks to inflation line amid OECD cut calls

Jean-Claude Trichet, the president of the European Central Bank, and fellow members of the rate-setting governing council have defended the central bank's decision to fight inflation, in spite of increasingly vociferous calls for them to cut rates.

Slovenia's Kranjec: subprime may hurt EU

Marko Kranjec, the governor of the Bank of Slovenia, has said the US subprime mortgage crisis could affect eurozone consumer demand. His comments appear to contradict those of other members of the European Central Bank's (ECB) governing board.

ECB's Weber acknowledges risks to price stability

Risks to price stability will continue while the average inflation rate in 2007 and 2008 are above the European Central Bank's inflation guidelines, Axel Weber a member of the central bank's governing council said in an interview over the weekend.

ECB's Weber says pressure on prices remains

European Central Bank governing council member Axel Weber told Handelsblatt newspaper in an interview published Friday 20 April that the ECB can't yet identify an end-point to its current cycle of interest rate increases.

Germany's Weber on financial globalisation

In the speech 'Challenges posed by (financial) globalisation' given on 15 March Axel Weber of the Deutsche Bundesbank said the search for yield in riskier assets was one of the main topics during the time of record-low interest rates in major economic…

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