Home ECB’s Weidmann: ECB policy normalization process to be slow, likely to take several years

ECB’s Weidmann: ECB policy normalization process to be slow, likely to take several years

Published date: 31 Jan. 2019 | 17:22

Jens Weidmann, President of the Deutsche Bundesbank and ECB board member, recently crossed the wires saying that bad news from the German economy could continue for a while.

Key quotes

Growth risks for Germany are on the downside, uncertainty high.
Expects German economy to grow below 1.5% this year.
ECB policy normalization process to be slow, likely to take several years.

Source: Reuters.

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