Comments from ECB Governing Council's Weidmann on the limits of monetary policy

Jens Weidmann is president of the Deutsche Bundesbank. Commetns over the weekend and the IMF gabfest:

"The IMF also now recognizes that monetary policy has arrived at the limits of what it can achieve."

"There was also a discussion of the danger of over-burdening monetary policy ... the tendency to see monetary policy as the only workable instrument leads to discussions about the independence of central banks."

Says currency moves reflect different monetary policies, growth scenarios

Via Reuters
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There have been International Monetary Fund and World Bank meetings on Saturday in Washington ... and plenty of comments from various finance ministers, central bankers and what not.