Karl Otto Poehl, anti-inflation hawk who led German central bank from 1980 to 1991, dies at 85

December 10, 2014 9:45 AM

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BERLIN – Germany's central bank says Karl Otto Poehl, an anti-inflation hawk who led the Bundesbank from 1980 to 1991, has died. He was 85.

The Bundesbank said Poehl died on Tuesday but didn't give further details. Current chairman Jens Weidmann said Wednesday that Poehl "delivered proof that price stability and growth are not a contradiction even in times of great monetary policy challenges."

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