Weidmann Says ECB Will React If Inflation Pressures Increase
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European Central Bank council member Jens Weidmann said policy makers will react if inflation pressures increase.
“We have a clear mandate and a clear hierarchy of our goals, and the first is to maintain price stability,” Weidmann, who heads Germany’s Bundesbank, said in an interview with Bloomberg Television in Frankfurt today. “We’re determined to do so. You can be assured we will react if inflation pressures arise.”