Weidmann warns trade war likely to hurt US more than Germany

Jens Weidmann, Bundesbank president

A trade war is likely to hurt the US economy more than Germany’s, said Bundesbank president Jens Weidmann in a speech today (May 16).

Speaking at a banking conference in Hamburg, Weidmann called for the preservation of the international trade system. 

In his intervention, the president of the German central bank also stressed negative deposit rates in the eurozone were reducing banks’ profitability, which could become a financial stability risk. With this in mind, he called for the

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 individual account here: