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02.05.2016 22:28

European Central Bank Governing Council member Jens Weidmann: quantitative easing is appropriate as inflation is low

European Central Bank (ECB) Governing Council member Jens Weidmann said on Monday that quantitative easing was appropriate as inflation was low, adding that quantitative easing for a longer period could entail risks and side effects.

He pointed out that global economy needed supply side demand reforms not stimulus measures.

02.05.2016 22:40

WSE: Session Results

Market focus

  • UK gross domestic product (GDP) grew by 0.4% in the three months to October
  • In December, the sentix overall index for the economy in Euro Area falls for the 4th time in a row to -0.3
  • St. Louis Fed Chief James Bullard Suggests Fed Hold Rates Steady
  • Fed's Brainard: Gradual Rate Increases Still Appropriate 'In the Near Term'
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