ECB Ready To Act If Needed, But New Measures Bring Risks: Weidmann - Presented by: The Aol. On Network

The European Central Bank stands ready to act if needed to stop euro zone inflation getting stuck at low levels, though any new measures would bring risks that must be carefully assessed, Bundesbank chief Jens Weidmann said. Weidmann, the leading hawk on the ECB's 24-member Governing Council, played down the possibility of the euro zone slipping into a deflationary spiral but said ECB policymakers were watching price pressures closely.



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