German economic institutes: ECB should prepare exit from its ultra-loose monetary policy, especially from its "unconventional measures"

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28 September 2017

German economic institutes: ECB should prepare exit from its ultra-loose monetary policy, especially from its "unconventional measures"

There are also corrections needed to state pension system due to Germany's rapidly ageing population
Next german government should focus on income tax reform, there is also room to reduce social welfare contributions
German gdp growth of 2.0 pct (calendar-adjusted 2.1 pct) in 2018, 1.8 pct in 2019
German consumer price inflation of 1.7 pct in 2017, 1.7 pct in 2018 and 1.8 pct in 2019
Conditions for german exporters could deteriorate depending on the outcome of Brexit negotiations

China commerce ministry: joint ventures, foreign firms created by North Korean entities or individuals in China will be shut down within 120 days after U.N. resolution was passed

Eurozone: Industrial confidence, September 6.6 (forecast 5.1)

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