Reuters logo
3 months ago
Germany's Schaeuble presses ECB to unwind loose monetary policy
April 20, 2017 / 3:36 PM / 3 months ago

Germany's Schaeuble presses ECB to unwind loose monetary policy

1 Min Read

WASHINGTON, April 20 (Reuters) - It would not be a bad idea for the European Central Bank and other central banks to follow the U.S. Federal Reserve's example and change course away from an ultra-accommodative monetary policy, German Finance Minister Wolfgang Schaeuble said.

Speaking on the sidelines of International Monetary Fund meetings in Washington, Schaeuble said on Thursday that ultra-loose monetary policies could raise the risks of new financial crises taking hold rather than reducing the risks.

Reporting by Gernot Heller; Writing by Paul Carrel; Editing by Joseph Nasr

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below