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2019-09-13 | IMFS in the Media

Volker Wieland cannot comprehend further expansion of ECB monetary policy ("Tagesspiegel")

With the ecnomy slowing down, the ECB reacted strongly, Wieland criticized. Therefore, he couldn't fully understand this decision. In Wieland's opinion, the ECB should have refrained from buying bonds again. He also warned that this would create wrong incentives for highly indebted member countries in the euro area.

Tagesspiegel: "Banken sind besorgt wegen Erhöhung der Strafzinsen"