Jens Weidmann: Fiscal and monetary policy challenges in the short and long run Concluding remarks by Dr Jens Weidmann, President of the Deutsche Bundesbank, at the Bank of France/Deutsche Bundesbank Spring Conference on “Fiscal and Monetary Policy Challenges in the Short and Long Run”, Hamburg, 20 May 2011. * 1.
This is why, now more than ever, it is important that we share our experience and jointly seek solutions to key issues. Today we are aiming to answer three questions: First. How to ensure the effectiveness of inflation targeting with limited monetary policy transmission? Second. How to strike the optimal balance between fiscal and monetary policies? Third.