Buba's Weidmann: ECB should raise rates if upward risks to inflation emerge

FXstreet.com (Łódź) - The Bundesbank president and ECB Governing Gouncil member Jens Weidmann said today in an interview that the ECB should hike interest rates if inflation risks rise in the Eurozone.

He pointed out that keeping rates low for an extended period of time could negatively affect Eurozone economies' reform policies and added that low inflation pressures don't give a license for arbitrary monetary easing.