ECB's Weidmann: Economic weakness 'a bit more protracted' than initially thought

Author: Justin Low | Category: Central Banks

Bundesbank chief Jens Weidmann is speaking in Pretoria

  • Sees good reason to stick to medium-term inflation outlook
That seems to be the script that ECB members are sticking to at the moment. Nothing here to suggest any changes are to follow just yet in March but expect that to still be the baseline expectation in the coming weeks.

ECB Weidmann"Maybe if we keep repeating that the economic slowdown is temporary, they'll eventually stop questioning us."

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