Radical Softening of Stance on Contested Policy

Bundesbank’s president Jens Weidmann seems to have changed his view on QE.

“Bundesbank President Weidmann said ECB could consider purchasing euro zone government bonds or top-rated private sector assets marking radical softening of stance on contested policy. The European Central Bank could buy loans and other assets from banks to help support the euro zone economy, Germany’s Bundesbank said.” (Reuters)

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