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18 Jan 2018
Bundesbank’s Weidmann: reduction in German growth potential could result into lower interest rates
Speaking at a joint conference by the International Monetary Fund and the Deutsche Bundesbank, in Frankfurt, German Buba President Jens Weidmann was noted saying that a marked reduction in German growth potential could translate into lower long-term interest rates.
Additional quotes:
• Indicators of labour market slack would suggest higher wage settlements
• Factors responsible for holding back wage growth are partly international