German central banker says don't expect much from ECB QE

(ANSA) - Berlin, December 16 - 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.