Economics

ECB’s Jens Weidmann Signals Openness to Tweaking Inflation Goal

  • German wants understandable, forward-looking, realistic target
  • Bundesbank head urges study of sequence for unwinding stimulus

Jens Weidmann

Photographer: Alex Kraus/Bloomberg
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The European Central Bank needs an “understandable, forward-looking and realistic” inflation goal -- but not necessarily a higher one, according to Bundesbank President Jens Weidmann.