Unsurprising remarks from Dr Jens Weidmann, head of the Deutsche Bundesbank (Germany’s central bank) and ECB Governing Council member
– Said the long period of very low interest rates has caused an increase in financial stability risk
Dr. W speaking in Lima at the IMF conference (its finished now, but they may still be at the Karaoke after party)
BUBA (and ECB)’s Weidmann: Long-lasting low interest rates have increased financial risk
