Tag Archives: Jens Weidmann

Italy budget deal threatens EU push over fiscal rules: Weidmann

12 December, 2018 10:01 am 10:01 am

BERLIN (Reuters) – A compromise Italy reached with EU authorities on its 2019 budget weakens Brussels’ hand in pressing members of the euro zone to stick to the bloc’s fiscal rules, Bundesbank President Jens Weidmann said. “The original promise to cut the deficit has been compromised,” Weidmann told the Welt am Sonntag newspaper. “It makes … Read More

Digital revolution has only small impact on inflation: ECB’s Weidmann

09 September, 2018 9:15 am 9:15 am

FRANKFURT (Reuters) – Rapid technological advances cut inflation only marginally and temporarily, Bundesbank President Jens Weidmann said , weighing in on one of the biggest debates in modern central banking. With much of the industrialized world struggling with anemic inflation levels, some economists argue that rapid technological development keeps a lid on prices, forcing central … Read More