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