The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Sunday, June 8, 2014

Bundesbank has raised its growth forecast for Germany

Expecting a growth of 1.9% this year, replacing the December forecast of 1.7%. As the euro zone's largest economy, Germany has been looked to as a source of euro zone recovery, especially given the ECB's cut yesterday to the deposit rate below zero. The Bundesbank growth forecasts for 2015 and 2016 are unchanged at 2% and 1.8% respectively.

No comments:

Post a Comment