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Period of weakness in the German economy could continue
19.02.2024 DE
German economic output contracted in the final quarter of 2023, according to the February Monthly Report. Weak demand from abroad was still putting a strain on industry, while higher financing costs continued to dampen investment. Bundesbank economists believe that uncertainty about transformation and climate policy is also likely to have weighed on economic activity. Some headwinds will probably persist into the first quarter of 2024 as well. Economic output could therefore decline again somewhat.
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Discussion of: "Density Nowcasts and Model Combination: Nowcasting Euro-area GDP growth over the 2008-9 recession" by G L Mazzi, J Mitchell and G Montana J L Castle
156 KB, PDF
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Deglobalisation, disrupted education and debt: economic policy challenges following the pandemic Speech at Harvard University
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Do sticky prices increase real exchange rate volatility at the sector level ? M. Crucini, M. Shintani, T. Tsuruga
316 KB, PDF
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Continental drift? – Transatlantic economic relations in turbulent times Speech at the Council on Foreign Relations
Bundesbank President Jens Weidmann warned that a full-blown trade war between the US and the EU could cost both sides dearly. "The adverse effects might be considerable larger than in case of the trade spat with China“, he said in a speech in New York.
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Verzeichnis der erreichbaren Zahlungsdienstleister / List of reachable payment service providers Permalink: bundesbank.de/scl-directory
219 KB, CSV
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The International Banking Research Network (IBRN): The first decade and the way forward Introductory remarks prepared for the 10th anniversary of the IBRN