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Bundesbank report: Expects sharp slowdown in Q2

Latest Buba monthly report

  • Expects a sharp slowdown in the German economy in Q2 before rebounding in the second half of the year

  • Volatile 1st half disguises robust fundamentals

  • ECB must normalise as soon as inflation is on track

  • Undesired effects of QE increase with its duration

  • Fiscal policy and financial stability mustn't slow normalisation

If inflation gets to 1.5% the Germans will come out all guns blazing about tightening monetary policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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