Bundesbank
Tariffs will leave everyone worse off, Bundesbank chief warns
GERMANY’S top central bank warned against trade levies, a day after US President Donald Trump reiterated a call for the European Union to buy more American oil and gas if the bloc wants to avoid tarif...
German economy may contract in 2024, Bundesbank chief Nagel says
Economic uncertainty prevents consumption in the country from picking up as expected, even as real income gains
Eurozone inflation not where ECB wants it to be, Bundesbank chief says
EUROZONE inflation is still not as low as the European Central Bank (ECB) would like, so interest rates need to remain sufficiently high to resolve price pressures, Bundesbank president Joachim Nagel ...
German, Dutch central banks post big losses, warn of more
THE German and Dutch central banks on Friday (Feb 23) posted multi-billion euro losses for 2023 and predicted more financial pain ahead, suggesting that they are unlikely to pay dividends into state c...
German recession doesn’t mean severe downturn, Bundesbank says
The German economy isn’t facing a severe downturn even if it may be in a recession right now, according to the Bundesbank.
German homes are still overvalued despite price drop: Bundesbank
GERMAN homes are still overvalued despite a fall in prices last year as the cost of mortgages spiked, the country’s central bank said on Monday (Feb 19).
ECB rate hikes not necessarily over, says Bundesbank chief
The European Central Bank may need to raise interest rates again if the inflation outlook worsens, and the bank should not rush to ease policy too quickly after the steepest set of rates hikes on reco...
ECB must resist urge to cut rates early, says Bundesbank chief
The European Central Bank must resist any temptation to cut interest rates early as the most difficult part of fighting off the recent inflation surge could still be ahead, Bundesbank President Joachi...