ECB's Weidmann: Accommodative policy is appropriate, not required longer than necessary

Reuters reporting comments from ECB governing council member and Bundesbank President Jens Weidmann on accommodative monetary policy.

Key Quotes:

Many countries don't have the urgent need or space for expansive fiscal policy

Expansive monetary and fiscal policies can't boost growth in a lasting way

Accommodative monetary policy is appropriate but should not be maintained longer than absolutely necessary