
ECB Expected to Raise Interest Rates Next Week
Financial markets widely anticipate a 0.25 percentage point rate hike from the European Central Bank, following signals from the German Bundesbank president.
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Financial markets widely anticipate a 0.25 percentage point rate hike from the European Central Bank, following signals from the German Bundesbank president.

The head of the German Bundesbank has broken his silence, issuing stark warnings about Germany's escalating debt, a rare public stance on daily politics from the central bank.

An economic viability report suggests the German Bundesbank can give up its 1972-built high-rise headquarters, a move Bundesbank President Joachim Nagel is reportedly open to.