(Reuters) - The medium-term growth outlook for both Germany and the
euro zone is favourable, but this brings with it upward
inflation pressures, Weber said in the text of a speech
prepared for delivery to London's German-British Chamber of
Industry and Commerce.
"Against this backdrop of the positive economic environment
in the euro area, our monetary policy stance is still on the
accommodative side and far from being restrictive," said Weber,
who is president of the Bundesbank.
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euro zone is favourable, but this brings with it upward
inflation pressures, Weber said in the text of a speech
prepared for delivery to London's German-British Chamber of
Industry and Commerce.
"Against this backdrop of the positive economic environment
in the euro area, our monetary policy stance is still on the
accommodative side and far from being restrictive," said Weber,
who is president of the Bundesbank.
Read more at Reuters.com Bonds News
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