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- Weidmann says inflation of around 1.7 pct by 2020 is broadly in line with definition of price stability
Weidmann says inflation of around 1.7 pct by 2020 is broadly in line with definition of price stability
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Says Fed's experience of the process of normalization is very helpful
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Monetary normalization will take some time, important not to postpone beginning unnecessarily
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Mkt expectation for first rate hike around mid-2019 not unrealistic
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ECB has not corrected or committed to mkt expectation for first rate hike before end of reinvestment
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