Head of the German IFO wants the ECB to end loose policy

  • Wants ECB to end loose monetary policy

  • Bond buys must end in March if inflation is confirmed

Comments from IFO's Clemens Fuest in FAZ.

As I mentioned in the data post, the big jump in CPI & HICP is very unusual so that confirmation is needed before people start getting out of their prams. Not that Fuest is waiting.