Jens Weidmann: Economic policy and capital markets – how to promote prosperity in Europe Opening keynote speech by Dr Jens Weidmann, President of the Deutsche Bundesbank, at the Official Monetary and Financial Institutions Forum (OMFIF) Global Investment Seminar, London, 11 June 2015. * 1.
But neither is there evidence that they have declined even though the average cost of capital for firms has fallen.8 This larger gap between the hurdle rates and the average cost of capital implies a reduction in firms’ appetite for risk. This result, which is consistent with information from our liaison program, appears to be a global phenomenon.