We must end loose policy as soon as inflation allows says ECB's Weidmann

Here comes Ze German central bankers

  • Recent USD appreciation is "home made"

  • Currency comments from US about Germany are deceptive

  • Accusation that Germany exploits the US and others with an undervalued euro is absurd

  • Complaint about a strong dollar has a kernel of truth
  • ECB policy must end as soon as price stability is reached, even if higher rates worsen the sustainability of countries budgets

It's taken the head of the German central bank a while to come out fighting.

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