ECB faces hurdles on long road to normal policy - Weidmann

Germany's Bundesbank President Jens Weidmann speaks during an economics conference in Linz, Austria, July 5, 2018. REUTERS/Lisi Niesner - Copyright LISI NIESNER(Reuters)

By Reuters

Published on 20/09/2018 - 15:04•Updated 24/04/2024 - 22:44

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FRANKFURT (Reuters) - The European Central Bank faces hurdles on the way to normalising its monetary policy after years of extraordinary stimulus, ECB policy maker Jens Weidmann said in an interview published on Thursday.

"(Policy normalisation) is a long road which hides big challenges and whose end-point has yet to be determined," Weidmann, the head of Germany's central bank and a prominent policy hawk, told financial newspaper Handelsblatt.