Bundesbank board member Andreas Dombret, speaking in Tokyo on Bloomberg TV
- Expects that London will continue to be the financial centre
- Germany economy doing rather well
- Sees a robust Germany economy in 2017 through 2019
- Declines to comment on EUR FX rate
- Inflation in euro area is up markedly
- Does not see any deflationary tendencies in Europe
- Stronger economy to be a tailwind for wages, consumption
- 1.2% core inflation is still quite far away from target, so present monetary stance seems justified for now
Also with comments on China:
- sees solid economic development to mid-term
- not afraid of immediate downside effects in China