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Bundesbank: Germany economy to stagnate, inflation to stay above 2%

Bundesbank: Germany economy to stagnate, inflation to stay above 2%
In its latest monthly report, Bundesbank paints a sobering picture of the German economy, which remains ensnared in a weak phase. Key factors hampering growth include tepid foreign demand combined with escalating financing costs. The bank foresees the economic output remaining largely stagnant for the summer quarter. Yet, it’s not all gloom. Bundesbank highlights several […] The post Bundesbank: Germany economy to stagnate, inflation to stay above 2% appeared first on Action Forex... Read More
Posted: Aug 21 2023, 12:43
Author Name: actionforex
Views: 111831

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