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Deutsche Bank CEO calls on ECB to rethink policy in light of inflation


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ReutersStock Markets52 minutes ago (Oct 13, 2021 05:41AM ET)


© Reuters. FILE PHOTO: Christian Sewing, Chief Executive Officer of Deutsche Bank, attends a session at the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2020. REUTERS/Denis Balibouse/File Photo

FRANKFURT (Reuters) – Deutsche Bank (DE:)’s chief executive Christian Sewing on Wednesday called on the European Central Bank to rethink its ultra-loose monetary policy in light of new inflation risks.

Policy makers should “openly discuss ways out to exit the current state of emergency,” Sewing said, speaking as head of a lobby for Germany’s private banks.

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