ECB’s Weidmann: Large-scale asset purchases likely blur line between fiscal, monetary policy

Large-scale government bond purchases risk blurring the line between fiscal, monetary policy, the European Central Bank (ECB) Governing Council member and German central bank President Jens Weidmann said on Wednesday.

Additional quotes

“Enduring easy monetary policy can contribute to building imbalances.”

“Widening ECB mandate could threaten independence.”

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