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Bundesbank President Joachim Nagel Talks Germany Facing Risk of Recession on Tariffs | Bloomberg...
Posted
April 23, 2025
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April 23, 2025
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14:32Now PlayingBundesbank President Joachim Nagel discusses Germany being in danger of suffering a recession this year due to the fallout from US tariffs. European Central Bank are lowering interest rates to help counter the drag on the euro-zone economy from President Donald Trump’s trade policies. Nagel expects a jump in public spending from Germany's incoming government to help revive its economy, and believes the economy will do better over the next years. Nagel spoke with Bloomberg's Lisa Abramowicz.
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