Germany s Economy Is Stagnating And These 5 Charts Show How nbcphiladelphia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcphiladelphia.com Daily Mail and Mail on Sunday newspapers.
By Lars P. Feld, Clemens Fuest and Volker WielandBERLIN With eurozone inflation rising rapidly, the European Central Bank (ECB) recently increased its benchmark interest rate by 50 basis points and introduced a new asset-purchase programme, the Transmission Protection Instrument (TPI), aimed at limiting yield differentials between member states’ bonds. But the ECB’s latest