Joerg Kraemer
Joerg Kraemer
european germany higher interest pick production rates
European production could pick up in the first quarter, with Germany doing better than its neighbors. Interest rates are still low, and higher rates won't put on the brakes.
coalition grand hold negatively parties perceived positions push reforms unlikely
A grand coalition would be perceived negatively by the markets. It would be unlikely to push through any reforms because the parties hold contradictory positions and would neutralise each other.
bank central compared council european less market meeting sent statement
After today's council meeting the European Central Bank sent a less hawkish statement compared to market expectations.
february hike hurry interest move ruled
All this suggests that the ECB is in no hurry to hike interest rates. A move in February can effectively be ruled out.
create economic general good lasting past short strikes
Such strikes are never good for the economy. But in the past strikes haven't halted an economic upswing because in general they are too short to create lasting damage.
adjusted eastern exception increase likely month resulted rise surprise
The seasonally adjusted rise was a surprise for everyone. But this month is likely to have been an exception because the rise resulted from an increase in eastern Germany,