ECB's Weidmann would welcome end of QE within a year - Zeit

Image
Reuters FRANKFURT
Last Updated : Apr 05 2017 | 5:49 PM IST

FRANKFURT (Reuters) - The head of Germany's central bank would be happy to see the European Central Bank's bond-buying programme end within a year, he is quoted as saying by German weekly Die Zeit.

"The time to keep the foot no longer on the metal, but to take it off slightly ... is approaching in my view," Jens Weidmann said in an interview due to be published on Thursday.

In a preview of the article, the magazine said the Bundesbank president said he would be happy if bond purchases had ended one year from now.

(Reporting by Francesco Canepa; Editing by Alison Williams)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 05 2017 | 5:31 PM IST

Next Story