ECB’s Nagel: The German outlook for 2024 appears to be a little better

  • 2024 ‘appears to be a little better’
  • 2025 looks better still
  • I expect more from Germany, we have a lot of structural issues
  • The ECB has achieved a lot on inflation

The most distasteful trend so far in 2024 is central bankers taking a victory lap on inflation… the same inflation that they failed to see then called ‘transitory’. It’s like putting out a fire you started and calling yourself a hero.

This article was written by Adam Button at Source