ECB's Weidmann: German economy is performing 'exceptionally' well
Bundesbank President and the ECB policymaker Jens Weidmann crossed the wires in the last hours, saying that the German economy was performing exceptionally well.
Key quotes (via Reuters & LiveSquawk)
Difficulty in forming the government is not impacting sentiment noticeably.
Low interest rate environment thus contributes to a deceptive calm.
Greater economic integration means promise of stable prices and sustained economic growth.
ECB Governing Council has responded to the subdued inflation outlook.
Domestic price pressures gradually increasing in the euro area, in line with price stability definition.
Monetary policy in the euro area will continue to be very expansionary after QE ends.