The European Central Bank should continue to normalize monetary policy and anticipate raising interest rates, possibly as soon as this year, if the inflation outlook warrants it, Germany’s central bank president Joachim Nagel said on Monday. As Russia’s war in Ukraine darkens the outlook, the ECB took only a small step in withdrawing its monetary […]
Tag: Bundesbank
The president of the Bundesbank resigns unexpectedly
Updated 10/20/2021 09:53 am The influential president of the German Bundesbank, Jens Weidmann, a champion of monetary orthodoxy, announced on Wednesday that he will resign from his post at the end of the year, after a decade at the helm of this institution and in full uncertainty about the future of accommodative monetary policy European. […]