Inflation in Germany now looks “a little” higher than the Bundesbank’s December forecast of 1.8%Jens Weidmann, a member of the Governing Council of the European Central Bank (ECB) and president of the Bundesbank, said on Wednesday, Reuters reports.
Additional comments:
“If the vaccines are successful, the German economy will see a lasting recovery“.
“The German Harmonized CPI will exceed 3% by the end of the year, but only temporarily“.
“El Bundesbank expects a sharp drop in economic activity in Germany for the current quarter“.
“Bundesbank increases provisions on the increase in interest rate risk and default risk; will not distribute the proceeds. “
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