Jens Weidmann: It will take a while for interest rates to pick up again
Bundesbank President Jens Weidmann believes that the very low interest rates cannot be permitted to persist indefinitely. “Given the price outlook, though, we need to stay realistic: it will probably take a while for interest rates to pick up again,” he said in an interview with the Badische Zeitung.
No winners in the trade dispute between the United States and China
The trade dispute between the United States and China has escalated over the past two years. However, as a study in the Bundesbank’s latest Monthly Report shows, neither US firms nor US consumers have benefited from the realignment of the country’s trade policy thus far.