Bundesbank head and ECB governing council member Jens Weidmann in a scheduled speech 2 May
- policy appropriate given low inflation but must not last longer than absolutely necessary
- prolonged loose policy lowers returns, raises risks
- global economy needs supply side demand reforms not stimulus
Nothing new in the comments and repeats the need for fiscal reform.
BUBA boss Weidmann - Repeats the risks in too low ,too loose, policy
