Germany's Schaeuble says agrees with IMF on "ultra-loose" monetary policy risks

Germany's Schaeuble says agrees with IMF on ultra-loose monetary policy risks
 

German Finance Minister Wolfgang Schaeuble said on Friday he agrees with the International Monetary Fund's warnings about the banking system risks associated with "ultra-loose" monetary policy, but said it was not the place of such institutions to supervise European banks.
Schaeuble, speaking at a news conference on Germany's G20 leadership in 2017, said that the possibility of a new financial crisis could not be completely excluded. He declined to directly answer questions about the financial health of Germany's largest lender, Deutsche Bank (DBKGn.DE).
"If the IMF itself is... read more

 
7 October 2016 in Business, Views: 40
Source: Reuters
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