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ECB Weidmann: Infl In Check, But Risk Losing Price Stab Focus
Eurozone inflation remains under control for now, but the European Central Bank risks losing sight of its price stability goal if it engages in more sovereign bond buying, ECB Governing Council member Jens Weidmann said in an interview with German magazine Der Spiegel published on Sunday. Price stability would also be put in question if the ECB is expected to keep the Eurozone together at “any price,” Weidmann said. While not specifically referring to Greece, he argued the central bank should not stand in the way of a member exiting the Eurozone if the EU chooses to limit rescue aid. Weidmann, who heads ... (full story)