ECB's Weidmann says line between fiscal, monetary policies blurred

January 22, 2016 8:30 AM

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FRANKFURT Jan 22 Government bond purchases and large scale liquidity provisions by the European Central Bank blur the line between fiscal and monetary policy, Bundesbank President Jens Weidmann said on Friday, noting a key concern with prevailing monetary policy.

"Our critical appraisal focuses on aspects of such liquidity provision where the boundary between monetary policy and fiscal policy is in danger of becoming blurred," said Weidmann, who also sits on the ECB's Governing Council.

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