When the facts change I change my mind, what do you do sir
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ECB’s Weidmann says they are ready to act if needed
warns that low interest rates have side effects that increase the longer they stay low; deflation risk is very limited; there is risk that govts and privatee sector get used to cheap money and neglect structural reforms; BUBA chief quoted on rtrs from a newspaper interview, so not exactly ground breaking time wise or mantra wise , but worth noting he says “very limited” risk of deflation rather than ruling it out completely Euro a tad lower .