Germany's Schaeuble says agrees with IMF on "ultra-loose" monetary policy risks

WASHINGTON (Reuters) - German Finance Minister Wolfgang Schaeuble said on Friday he agrees with the International Monetary Fund's warnings about the banking system risks associated with "ultra-loose" monetary policy, but said it was not the place of such institutions to supervise European banks. Schaeuble, speaking at a news conference on Germany's G20 leadership in 2017, said that the possibility of a new financial crisis could not be completely excluded. He declined to directly answer questions about the financial health of Germany's largest lender, Deutsche Bank . "If the IMF itself is warning against the consequences of ultra-loose monetary policy, I think it’s a sign of hope that we will take more seriously what the Bank for International Settlements is saying again, again and again," Schaeuble said. "That two things together - the global overhang of indebtedness, private, public and company, together with an ultra-loose monetary policy - maybe is one of the risks we will have to tackle even since we have drawn all the lessons of the financial crisis 10 years ago." (Reporting by David Lawder; Editing by Andrea Ricci)