Germany Tells the ECB It’s Time to Start Raising Interest Rates

Germany’s finance minister and the CEO of its largest private bank rounded on the European Central Bank Wednesday, urging it to stop flooding financial markets with money and return interest rates to “normal” levels.

The comments come a day before a key meeting of the ECB’s policy-making council, at which the guardians of the euro are supposed to discuss a timeline for running down their purchases of government and corporate bonds. Various reports have suggested the bank is getting...

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