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Target achieved – no reason to let up

· 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, trade, fragmentation and geopolitics, growth, investment and productivity

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· Joachim Nagel Wiki · Deutsche Bundesbank WikiTarget achieved – no reason to let up

ContextKeynote speech by Joachim Nagel, President of the Deutsche Bundesbank, at the Frankfurt Euro Finance Summit, Frankfurt am Main, 16 June 2025.

Why it mattersThe Bundesbank declares euro area inflation back at target while warning about US tariffs and German growth.

Problems raised
  1. The US tariff dispute lowers growth.
  2. Markets fell sharply after tariff announcements.
  3. Germany must regain momentum.
Solutions proposed
  1. Stabilise inflation at 2%.
  2. Keep monetary policy steady.
  3. Pursue Agenda 2030 for German growth.
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