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Axel Weber Tells Yellen, Draghi & Co: You're Doing it Wrong

Inflation Targeting Needs to Be Rethought, Ex-Bundesbanker Argues

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By Jeff Black and Alessandro Speciale

June 10, 2015 at 3:29 PM UTC

This article is for subscribers only.

Axel Weber, chairman of UBS Group, has some pedigree in being a contrarian.

In the dark days of Europe's sovereign-debt crisis, the former Bundesbank president was so incensed over the European Central Bank's emergency bond-buying strategy that he quit his job in 2011.