ECB's Weidmann says appropriate to stop bond buys this year

By Kitco News / January 16, 2018 / www.kitco.com / Article Link

FRANKFURT, Jan 16 (Reuters) - It would be "appropriate" for the European Central Bank to stop its bond purchases, due to run at least until September, this year, Germany's representative on the bank's policymaking body said in an interview to be published on Wednesday.

"I would hold that for appropriate from today's point of view," Bundesbank's head Jens Weidmann told the Frankfurter Allgemeine Zeitung according to a preview of the interview.


(Reporting By Francesco Canepa; editing by John Stonestreet)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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