BUBA head Wiedmann out with scheduled speech at IMF 18 Jan

  • marked Reduction In German Growth Potential Could Translate Into Lower Long-Term Interest Rates
  • indicators Of Labour Market Slack Would Suggest Higher Wage Settlements
  • factors Responsible For Holding Back Wage Growth Are Partly International

More dovish-tinged rhetoric out of EZ talking heads but in Weidmann's case being justifiably cautious rather than a U-turn in stance.

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EURUSD unfazed again after finding buyers below 1.2200 and now 1.2211