German Chancellor Angela Merkel walks past electricity-powered vehicles at the booth of the German car manufacturer BMW during her visit to the Frankfurt Auto Show in September 2017. Recent indicators show that German manufacturing growth is slowing in 2018. Photo: AP
Opinion
Opinion
Macroscope
Germany may want to rein in its push for monetary tightening as its own economy shows signs of cooling
David Brown says Germany has been arguing for a tightening of monetary policy in the euro zone. However, with business indicators in the country dipping, the European Central Bank’s gradual approach may be warranted after all
German Chancellor Angela Merkel walks past electricity-powered vehicles at the booth of the German car manufacturer BMW during her visit to the Frankfurt Auto Show in September 2017. Recent indicators show that German manufacturing growth is slowing in 2018. Photo: AP
