Economics

ECB Must End Emergency Stimulus When Crisis Over, Weidmann Says

  • Strong growth of past months shouldn’t lead to false hopes
  • View still differs from others who pledged more aid if needed

Jens Weidmann

Photographer: Alex Kraus/Bloomberg
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The European Central Bank must withdraw emergency support when the economy has recovered from its pandemic shock, Governing Council member Jens Weidmann said in a speech that underscores his reputation as one of the institution’s most-hawkish policy makers.