Bundesbank's chief says ECB rates too low for Germany

(AGI) Frankfurt, July 12 - The European Central Bank shouldtighten its monetary policy and its interest rates are too lowfor Germany, Bundesbank chief Jens Weidmann said on Saturday."It is clear that monetary policy, when seen from a Germanviewpoint, is too expansive for Germany, too loose," Weidmannsaid at a Bundesbank open day for the public, adding that manysavers in Germany were irritated by low interest rates. . .

(AGI) Frankfurt, July 12 - The European Central Bank shouldtighten its monetary policy and its interest rates are too lowfor Germany, Bundesbank chief Jens Weidmann said on Saturday."It is clear that monetary policy, when seen from a Germanviewpoint, is too expansive for Germany, too loose," Weidmannsaid at a Bundesbank open day for the public, adding that manysavers in Germany were irritated by low interest rates. . .