Economics

ECB's Weidmann Predicts Wage Gains as He Seeks QE End-Date

  • German policy maker’s view may find traction in 2018
  • Bundesbank head also talked on Bitcoin, Basel III, and Macron
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European Central Bank policy maker Jens Weidmann reiterated his call for a definite end-date for the institution’s bond-buying program, a refrain that looks likely to gain traction among his colleagues next year.

Saying that domestic price pressures should strengthen as wage growth improves, he said they are “therefore on track toward our definition of price stability.”