ECB must resist urge to cut rates early, Bundesbank chief says
FRANKFURT (Reuters) – 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…
FRANKFURT (Reuters) – 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…
FRANKFURT (Reuters) – Germany’s financial firms may be well capitalised now but face challenges ranging from rising interest expenditure and weak loan demand to unrealised losses, Bundesbank Vice President Claudia…
FRANKFURT (Reuters) – Germany’s economy will likely shrink again this quarter and its recovery will be arduous, even if there are some signs an improvement could come early next year,…
FRANKFURT (Reuters) – Euro zone inflation is falling but the fight is not yet won and the high rate of underlying price growth remains worrisome, Bundesbank President Joachim Nagel said…
FRANKFURT (Reuters) – The German economy is likely to shrink this quarter as industry is in recession and private consumption is adding little to growth, the Bundesbank said in a…
(Reuters) – Underlying inflation in the euro zone remains sticky and monetary policy needs to be more stubborn than price growth, Bundesbank President Joachim Nagel told Bloomberg TV on Thursday.…
FRANKFURT (Reuters) – The German economy may shrink by more this year than expected only a few weeks ago despite a small bounce in the second quarter, the Bundesbank said…
BERLIN (Reuters) – Recession in Germany is expected to end in the spring quarter, the Bundesbank said in its monthly report on Monday, adding that gross domestic product would “rise…
FRANKFURT (Reuters) – The German economy, Europe’s biggest, will shrink this year and inflation will stay above 2% at least through 2025, the Bundesbank said on Friday in a biannual…
FRANKFURT (Reuters) – The European Central Bank will need to raise interest rates “several” more times and then must hold rates steady for some time before inflation is fully tamed,…
FRANKFURT (Reuters) – The German economy is likely to have expanded in the last quarter on a rebound in industrial production, the Bundesbank said in a monthly report on Monday,…
(Reuters) – Eurozone policy-setters must be “stubborn” and continue increasing borrowing costs to battle inflation, Bundesbank chief Joachim Nagel told the Financial Times in comments published on Wednesday. The remarks…
FRANKFURT (Reuters) – Germany’s economy will shrink again in the first quarter of the year and underlying inflation could prove to be stubborn even if overall price growth is likely…
FRANKFURT (Reuters) – Bundesbank Vice President Claudia Buch was appointed on Friday to the European Central Bank’s Supervisory Board, less than one year before board chair Andrea Enria’s term of…
FRANKFURT (Reuters) – Germany’s Bundesbank recorded its first loss in over four decades last year as a string of European Central Bank rate hikes reduced the value of its bond…
FRANKFURT (Reuters) – Inflation in Germany, the euro zone’s biggest economy, is likely to be higher than earlier thought while economic growth will be weaker with a recession next year…
FRANKFURT (Reuters) – Risks in the German financial system are building as the economy heads for a recession and struggles with rising interest rates and sky-high energy prices, but a…
FRANKFURT (Reuters) – Inflation in Germany may well remain in double digits into next year despite the government’s efforts to curb energy prices, the Bundesbank said on Wednesday. With consumer…
By Francesco Canepa and Frank Siebelt FRANKFURT (Reuters) – German banks should avoid making multi-year promises to their shareholders despite bumper profits this year as the outlook for the economy…
FRANKFURT (Reuters) – A recession in Germany, the euro zone’s biggest economy, is increasingly likely and inflation will continue to accelerate and could peak at more than 10% this autumn,…
FRANKFURT – The German economy is likely to have grown less than expected this quarter and may face a new spike in inflation in September as government subsidies expire, the…
ELTVILLE AM RHEIN, Germany -The European Central Bank should raise interest rates in July to stop high inflation becoming entrenched, German Bundesbank chief Joachim Nagel said on Tuesday, joining an…
BERLIN – Germany’s Bundesbank is worried about banks lending to overextended buyers in an overheated property market and reserves the right to impose additional curbs, board director Joachim Wuermeling was…
FRANKFURT – Germans should brace for higher prices and weaker economic growth as Russia’s invasion of Ukraine disrupts trade and makes fuel as well as wheat more expensive, the Bundesbank…
By David Lawder WASHINGTON – The International Monetary Fund said on Friday it has appointed Germany’s former Bundesbank president Jens Weidmann to lead a new external panel to strengthen institutional…