ECB’s Weidmann Warns Against Mon Pol Assuring Govt Debt

Central banks must be wary of guaranteeing the solvency of governments, lest they find themselves unable to control inflation, ECB Governing Council member Jens Weidmann warned late Thursday. “If the debt sustainability or solvability of the state appears to be upheld only by the interven…

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ECB’s Weidmann Warns Against Mon Pol Assuring Govt Debt