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German central bank chief criticizes open-ended ECB stimulus
FRANKFURT, Germany (AP) — A member of the European Central Bank's rate-setting committee has criticized the bank's decision to leave its bond-buying stimulus program running without a clear end date.
Jens Weidmann, who sits on the ECB's 25-member governing council as head of Germany's national central bank, the Bundesbank, said in the text of a Friday speech in Paris that "in my view, however, a clear end of the net purchases would have been indicated."