Economics

Weidmann Joins ECB Doubters on Draghi Move to Soften Rate Impact

  • Bundesbank official says debate has harmed policy expectations
  • Important growth drivers in Germany are ‘still intact’
Jens WeidmannPhotographer: Alex Kraus/Bloomberg
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Bundesbank chief Jens Weidmann broke his silence on Mario Draghi’s initiative to rethink the institution’s negative interest-rate policy, joining colleagues in speaking out against the move.