A post by @FirstSquawk on X.
BUNDESBANK'S NAGEL SAYS GERMAN RECOVERY STRONGER THAN FORECAST; GROWTH LIKELY TO ACCELERATE IN Q4
@FirstSquawk on X
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Bundesbank President Joachim Nagel said Germany’s recovery is running stronger than forecast and that growth is likely to accelerate in the fourth quarter. The remarks from the central bank chief point to upside momentum in Europe’s largest economy relative to prior expectations. Investors will watch upcoming German activity data and Bundesbank commentary for confirmation that the fourth-quarter pickup materializes.
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Named in this story
Joachim Nagel, Bundesbank, Germany