27 Oct 2017
ECB's Weidmann: signaling clear end of ECB bond buys would have been warranted
Bundesbank president and ECB governing council member, Jens Weidmann, during a scheduled speech at the German ambassador’s residence in Paris, was noted saying that signaling clear end to bond buys would have been warranted.
Additional quotes:
• Expansive monetary policy is appropriate but debate is about extent and instruments
• Main policy impact is from balance sheet, not monthly purchases
• Output gap to close next year, short term growth could be faster than earlier seen