In an interview with the German Press, the European Central Bank (ECB) governing council member and Bundesbank President Jens Weidmann said that the ECB is currently not at point where it can end expansionary policy.
Commenting on the ECB’s monetary policy program, Weidmann said that ECB policy must end as soon as price stability is reached, even if higher rates worsen the sustainability of countries budgets. But for now, Weidmann said that eurozone economy needs more economic and fiscal policies to help growth.
The European Central Bank now holds more than €1.5tn of assets, which it has bought as part of purchases designed to kick-start the continent’s economy. Late last year, it announced it would extend purchases at the end of March, albeit reducing the rate from €80bn to €60bn a month.


New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated
Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks
Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt 



