Buba's head man, Jen's Weidmann popping up

  • ECB should discuss whether it should continue to signal the possibility of more expansive policy

  • Ideas of the right amount of accommodation differ

  • QE exposes the balance sheet of interest rate risk

  • Eurozone is far away from deflation dangers

  • Price pressures in EZ remain relatively weak

  • Don't expect big changes in March ECB forecasts

  • Eurozone recovery is increasingly secure and will continue

  • Uncertainty is relatively strong right now

  • ECB's expansionary policy remains appropriate

You can almost read the battle going on in his mind about wanting to scale back QE while seeming to agree with the ECB party line.

The comments come as the Bundesbank release their FY accounts for 2016. They made the lowest profit since 2004, making a paltry €399m vs €3.2bn in 2015.