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German central bank chief says it would be 'appropriate' for ECB to stop its bond buying this year

The stars of the European Union sit on banners flying outside the European Central Bank headquarters in Frankfurt, Germany, on July 20, 2017.
Krisztian Bocsi | Bloomberg | Getty Images
The stars of the European Union sit on banners flying outside the European Central Bank headquarters in Frankfurt, Germany, on July 20, 2017.

It would be "appropriate" for the European Central Bank to stop its bond purchases, due to run at least until September, this year, Germany's representative on the bank's policymaking body said in an interview to be published on Wednesday.

"I would hold that for appropriate from today's point of view," Bundesbank's head Jens Weidmann told the Frankfurter Allgemeine Zeitung according to a preview of the interview.