ECB should simplify inflation target but avoid big rise - Weidmann
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FRANKFURT (Reuters) - The European Central Bank should simplify its inflation target as part of a broad review of policy but avoid any "sharp" increase in its objective, Bundesbank President Jens Weidmann said on Monday.The ECB launched a one-year review of its strategy last month and will likely tweak its inflation target at the end while also looking at the effectiveness of its various policy tools, many of which were invented in the aftermath of the euro zone's debt crisis.Weidmann said the..