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German conservatives drag ECB’s monetary policy into election campaign

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Reuters

STUTTGART (Reuters) – Germany’s conservatives, trailing in polls less than two weeks before a national election, launched a stinging attack on Wednesday on the European Central Bank’s loose monetary policy. Friedrich Merz, the expert for fiscal and economic policies in the team of conservative top candidate Armin Laschet, said that, in contrast to central banks in Japan and the United States, the ECB was still not normalising its monetary policy. “This is having a significant impact on savings and pensions,” Merz told a news conference in the southern city of Stuttgart, standing next to Lasche…

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