Strong euro does not require rate cut - Buba

According to Hermann Remsperger, the Bundesbank's chief economist, the ECB does not need to cut eurozone interest rates to stimulate domestic demand. The ECB's rate-setting Governing Council is due to meet on Thursday 5 February.

Hermann Remsperger also said that the strong euro will dampen exports but will not harm the German economic recovery.

"We are of the opinion that the appreciation of the euro will brake export growth. But we don't see our picture of a mild economic recovery in Germany

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: