Schäuble: Central banks should help prevent asset bubbles

German Finance Minister Wolfgang Schäuble called on central banks to take into account price distortions that monetary policy could have on markets and help prevent asset bubbles, in an interview published on the 21 July 2014.

But even as Mr. Schäuble reiterated his warning that ultra-loose monetary policy could lead to distortions on asset markets, he rejected French calls for the European Central Bank (ECB) to purposely weaken the value of the euro.

• Primary Source

ESO: Background information: MEPs quiz Draghi on growth, unemployment and structural reforms http://www.europeansources.info/record/press-release-meps-quiz-draghi-on-growth-unemployment-and-structural-reforms/

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