President, Bundesbank Axel A. Weber of Germany

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Weber has been President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank since 30 April 2004.
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Axel Weber is president of Deutsche Bundesbank and a member of the Governing Council of the European Central Bank.
European Central Bank governing council member Axel Weber said the bank may need to raise interest rates to a level that restricts economic growth to keep inflation under control.
in Europe, Axel Weber is echoing the sole dissenter role found in America and Japan.
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Axel Weber was leading a very visible charge against inflation just a few months back.
If risks to price stability are threatening to materialize, monetary policy can’t lose sight of its primary mandate — even if that means no longer supporting the robust economy or becoming restrictive,” Weber, who also heads Germany’s Bundesbank, said in the text of a speech in Munich today.
Rising oil prices are a danger for euro zone price stability but one should not exaggerate the risks they pose, European Central Bank Governing Council member Axel Weber was quoted as saying on Thursday.
We will do everything we can to keep inflation in check, Weber said in the written transcript of an interview with German television station ARD.
Weber said that rising oil prices may be foremost among future risks.
Weber said there had been a strong recovery in the world economy with credit to the private sector growing at record level.
ongoing expansion ``remains valid.
Rising inflation in the euro zone may require additional policy action by the European Central Bank, governing council member Axel Weber said Thursday.
FRANKFURT, Germany--Rising inflation in the euro zone may require additional policy action by the European Central Bank, governing council member Axel Weber said Thursday.
There is a danger that, against the backdrop of the expected rise in euro-zone inflation rates in the coming months, there will be a need for additional action, especially since the price rises are taking place on a broad front and are no longer only attributable to energy and food prices," Weber said in the text of a speech presented in Munich.
Weber said he expects a calendar-adjusted growth rate of around 2.
Professor Weber has been President of Deutsche Bundesbank since April 2004 and a member of the Governing Council of the European Central Bank.
Germanys economic downturn would be worse than expected in the final quarter of 2008, Bundesbank President Axel Weber said Thursday.
expansionary, Weber was quoted as saying.