Business

Deutsche Bundesbank Chief Weidmann resigns

Jens Weidmann decided to resign ten years later as head of the German central bank, weeks after the German general election, shortly before a decisive decision on the future of eurozone monetary policy.

Since he joined the Deutsche Bundesbank, Wideman has been one of the loudest critics of the ultra-loose monetary policy pursued by the European Central Bank, where he is often lonely against bond purchases and negative interest rate policies. I fought.

Weidman told Deutsche Bundesbank employees that he had decided to resign at the end of the year, adding: .. “

This move occurs less than two years after Weidmann’s mission was extended to an additional eight-year team, as three German political parties were trapped in negotiations to form a national government.

Deutsche Bundesbank Chief Weidmann resigns

Source link Deutsche Bundesbank Chief Weidmann resigns

Back to top button