IWF-Tagung: Bundesbank sieht Chancen für längeres Wachstum
Deutschland findet Prognosen zufolge aus der langen Konjunkturschwäche heraus - aber bleibt das nur ein kurzfristiger Effekt? Und was wird aus der zuletzt wieder höheren Inflation?
Bundesbank President Joachim Nagel expressed optimism about sustained growth in Germany during the International Monetary Fund's annual meeting in Bangkok. He indicated that the European Central Bank (ECB) may need to intervene again to curb inflation, as they have already raised interest rates twice recently. Nagel emphasized that they are prepared to take further action if the situation persists.
He stressed the importance of a "session-to-session approach" due to the highly volatile market environment, allowing them to reassess monetary policy based on the available data. For Germany, projections show six consecutive years of inflation above the 2% target by 2026. With inflation rising in other major Eurozone countries like France and Spain, economists anticipate the ECB will raise interest rates for the third time this year.
Inflation in the Eurozone reached 3.8% in September. Nagel praised the IMF for upgrading Germany's growth forecast to 1.3% for 2026. He ruled out calling it a "smoke screen." He suggested that positive effects could continue into 2028 if combined with the implementation of the federal government's reform package and AI-driven stimuli, potentially creating momentum in the right direction, which could provide an "uplift potential."
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