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The current economic situation

· Joachim Nagel, President of the Deutsche Bundesbank (Germany)

Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, inflation and price stability

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· Joachim Nagel Wiki · Deutsche Bundesbank WikiThe current economic situation

ContextWelcome words by Joachim Nagel, President of the Deutsche Bundesbank, at a Club evening of the International Club of Frankfurt Economic Journalists, Frankfurt am Main, 21 November 2022.

Why it mattersNagel explains the inflation fight to the press.

Problems raised
  1. Inflation is high.
  2. Communication with the media is essential.
  3. The economy is uncertain.
Solutions proposed
  1. Engage with economic journalists.
  2. Explain monetary policy clearly.
  3. Keep inflation fight credible.
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