Jens Weidmann, head of
Germany's Bundesbank, says that inflation in the eurozone "could
even fall below zero," in the coming months, but that does not
automatically mean deflation. Weidmann, a member of the European
Central Bank (ECB) governing council, said Monday that people
shouldn't expect "too much" from the ECB in terms of
quantitative easing, or buying sovereign bonds to boost economic
growth. Germany has been opposed to QE because it fears the plan
would be too risky. Weidman said QE isn't needed in Europe.
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