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Germany’s government shares ECB Executive Board member Isabel Schnabel’s recently expressed opinion that central banks may not be able to look through rising energy prices in order to ensure medium-term price stability, finance minister Christian Lindner said Tuesday.

Speaking at a Bundesbank event, Lindner praised outgoing president Jens Weidmann’s contribution to euro area monetary policy debates, and encouraged his replacement, Joachim Nagel, to continue to make ample use of the substantial independent enjoyed by Germany's central bank.

MNI Frankfurt Bureau | +49-69-720-146 | luke.heighton@marketnews.com
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MNI Frankfurt Bureau | +49-69-720-146 | luke.heighton@marketnews.com
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