Weidmann Sees No Need for More ECB Easing in Response to Brexit

  • Bundesbank president doubts additional stimulus would work
  • Fallout from U.K.’s vote may damp euro-area, German growth

Bundesbank President Jens Weidmann said there’s no need for the European Central Bank to ease monetary policy in response to Britain’s vote to leave the European Union, even as it will “slightly” curb economic growth in the euro area and Germany.

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