Goldman Sachs' CFO Scherr: Germany is in the "early days of a slowdown" - CNBC

Market news

5 September 2019

Goldman Sachs' CFO Scherr: Germany is in the "early days of a slowdown" - CNBC

Goldman Sachs' Chief Financial Officer (CFO) Stephen Scherr told CNBC in an interview held in Frankfurt on Thursday that Germany's economy is in the “early days of a slowdown”.

“We are in the early days of a slowdown. I think that, you know, many of us and many economists can point to particular issues, whether it’s the automotive sector or the China trade issue that weigh on the German economy”, Scherr said.

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