- Bundesbank president Weidmann: German economy strong enough to cope with longer lockdowns
Market news
3 March 2021
Bundesbank president Weidmann: German economy strong enough to cope with longer lockdowns
German economy robust enough to deal with a longer weaker phase
German inflation to be slightly stronger than expected this year
Extended lockdowns into Q2 would only delay the recovery process
ECB can flexibly adjust pace of PEPP purchases if needed
We see spillovers from rising US borrowing costs
Must very carefully analyse rise in bond yields
Financing conditions are still favourable
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