"Our monetary policy is very expansionary," says the ECB's Jens Weidmann, "fill(ed) with...

|By:, SA News Editor

"Our monetary policy is very expansionary," says the ECB's Jens Weidmann, "fill(ed) with concern" over calls to give the bank a Fed-like dual mandate. The best way to ensure growth in the EU is to deliver stable prices, he says. The ink is barely dry on LTRO 2 and already there are "calls for a 3rd or 4th round," he says (shaking his head, one might imagine).