ECB Denies it is Blackmailing GreeceYesterday, Mario Draghi Hit Back at QE Hawks and denied the ECB was blackmailing Greece. Critics of QE, such as Bundesbank president Jens Weidmann and the head of the Dutch central bank, Klaas Knot,...Show More Summary
``He may be catching a lucky break. Critics of quantitative easing, such as Bundesbank President Jens Weidmann, said the euro-zone economy would enjoy an uplift anyway after oil prices fell by half, the euro tumbled, and stimulus in recent months such as interest-rate cuts take effect.''
Another German has taken a swipe at Greek authorities, hours after Berlin's finance ministry dismissed the embattled state's latest attempt to extend its bailout program. Bundesbank President Jens Weidmann called the request "vague....
There are 25 people who sit on the European Central Bank's governing council. The big players, like ECB President Mario Draghi and Bundesbank chief Jens Weidmann, are well-known. But there are dozens of other council members whose views...Show More Summary
``Bundesbank President Jens Weidmann Friday rejected calls for a German stimulus plan, saying only structural reforms and more competitiveness would kick-start eurozone economies... "It is an illusion to believe that monetary policy means can raise economies' growth potential permanently, or create lasting jobs," Mr. Weidmann said.''
High school never ends. On Friday, Reuters reported that relations between ECB president Mario Draghi and German leaders, most notably Bundesbank head Jens Weidmann "is totally rotten, it's beyond repair." The feud over how to steerShow More Summary
German Bundesbank President Jens Weidmann sat down with The Wall Street Journal’s Brian Blackstone and Hans Bentzien at the bank’s Frankfurt headquarters.
The Bundesbank attacks Renzi: "He tells us what to do". This is today's front page headline of Italian daily La Repubblica. According to Italian media, Bundesbank President Jens Weidmann yesterday had a go at Italian Prime Minister Matteo Renzi for telling everyone else in Europe what they have to do.Well, that's not quite what Weidmann said. Show More Summary
Bundesbank President Jens Weidmann underscored his support for a bold array of measures that the ECB agreed to last month, signaling that they are very different in nature to bond-buying programs, which Mr. Weidmann publicly denounc...
The Wall Street Journal’s Daily Report on Global Central Banks for Friday, June 6, 2014. Brian Blackstone writes about Bundesbank President Jens Weidmann's embrace of the ECB conensus.
Bundesbank President Jens Weidmann said it was not 'out of the question' for the European Central Bank to buy bank assets to fight deflation. ||| Frankfurt - Bundesbank President Jens Weidmann said it was not 'out of the question' for...Show More Summary
Submitted by Pater Tenebrarum of Acting-Man blog, Misconceptions About Central Bank Policies On occasion of an address to economists at a conference in France, Bundesbank president Jens Weidmann reminded the audience that 'the ECB cannot solve the crisis', because it is due to structural reasons and therefore requires structural reform. Show More Summary
The hearing at the German Constitutional Court into claims against the ECB's crisis policies is now over. Day one saw verbal jousting between the two men to the left (Bundesbank President Jens Weidmann and ECB Executive Board Member Jörg Asmussen) which we covered on our live blog. Show More Summary
The disappearance of small coins will be little noticed, writes Tim Harford ‘There is a wish among the German population to keep hold of the small coins. can personally only join that opinion.’ Jens Weidmann, Bundesbank president, quoted in the German newspaper Bild Why is a German central banker bothering to campaign for the retention [...]
Tim Duy: Accepting Failure - Tim Duy's Fed Watch: "It is starting to look like European policymakers have given up trying. Bundesbank President Jens Weidmann, via the Wall Street Journal: '"Overcoming the crisis and the crisis effects...Show More Summary
Tim Duy: Accepting Failure, by Tim Duy: It is starting to look like European policymakers have given up trying. Bundesbank President Jens Weidmann, via the Wall Street Journal: "Overcoming the crisis and the crisis effects will remain a challenge over...
Wow! Just Wednesday, German Bundesbank President and ECB Governing Council Member Jens Weidmann was saying that an ECB interest rate cut would be appropriate if new economic data warranted such action on the part of the central bank....Show More Summary
The euro has dropped a full penny against the dollar in the last hour or so on new comments from Bundesbank President and ECB Governing Council member Jens Weidmann. According to Weidmann, the ECB may cut interest rates if new economic data warrants such action. Show More Summary
Bundesbank President Jens Weidmann just weighed in on the euro exchange rate during a speech in Germany, in which he said that the currency is not seriously overvalued. Following his comments, the euro jumped 50 pips against the U.S....Show More Summary
Currency War ? Trade War ? Hot War? According to numerous high-level insiders, the global currency war is accelerating: Current Bundesbank president Jens Weidmann St. Louis Federal Reserve Bank president James Bullard Philadelphia Federal...Show More Summary