ECB rate rise warning

The European Central Bank is unlikely to keep its interest rates low for years, the head of the German Bundesbank says, but warns the eurozone crisis is far from over. "My assumption is not that interest rates will remain low for years, not least because the economic impulse of ultra-easy monetary policy will fade with time," Jens Weidmann said.

The European Central Bank is unlikely to keep its interest rates low for years, the head of the German Bundesbank says, but warns the eurozone crisis is far from over. "My assumption is not that interest rates will remain low for years, not least because the economic impulse of ultra-easy monetary policy will fade with time," Jens Weidmann said.

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