“The strengthening economic development in the euro zone and the robust outlook make a normalisation (of monetary policy) conceivable,” Weidmann said at a meeting of the financial leaders of seven leading world economies in Bari, Italy.
But he said a rise in inflation should become more sustainable before the ECB considers such a move.
He added Macron’s victory in France’s presidential election should help boost growth in the euro zone. Macron won on a platform of reforming France and a business-friendly vision of European integration.
“The election victory of Macron gives a chance that the euro zone economy gets an additional momentum,” Weidmann said.