Die größte Oppositionspartei DP überarbeitet das Gesetz, um den Weg für Ermittlungen gegen die First Lady zu ebnen
Die deutsche Inflation verlangsamt sich im September weiter auf 1,6 % https://www.barrons.com/news/german-inflation-slows-further-to-1-6-in-september-data-4aea95f0 Von Straight_Ad2258
Straight_Ad2258 on 30.09.2024 1:05 PM France, Spain,Italy, and now Germany reported really low inflation rates in September its pretty likely that the ECB will cut rates again in October, and again in November which is good news, as lower rates mean low borrowing costs for household, firms and governments, and lower interest payments on government debt last year, the federal government paid 36 billion euros on interest on its debt alone, up from 3.6 billion euros in 2021 [https://www.deutsche-finanzagentur.de/en/federal-funding/debt-statistics/interest-payments](https://www.deutsche-finanzagentur.de/en/federal-funding/debt-statistics/interest-payments) it will take some time for interest payments to go down, but nonetheless they are going to be felt in the budget next year that alone would give more financial space for more investment or more aid to Ukraine on the European level, a 1 percentage point reduction in interest rate would result in like 40 billion euros less interest payments on debt per year
FacetiousInvective on 30.09.2024 1:07 PM Ah welcome back sub 2% bank rates.. this didn’t take long to cool down now.. did it?
mudokin on 30.09.2024 1:33 PM Can’t confirm, rent still rises, other stuff still gets more expensive, wage has not risen.
jakub_199 on 30.09.2024 4:25 PM Meanwhile Poland sits at 4,9 in September, nobody seems to be too alarmed. 🤨
BigFloofRabbit on 30.09.2024 8:01 PM What is Germany doing that gets them below 2% inflation? Is it just because they have had a bit of recession? In the UK we still can’t break that barrier and start cutting rates to finally stimulate the economy.
11 Comments
France, Spain,Italy, and now Germany reported really low inflation rates in September
its pretty likely that the ECB will cut rates again in October, and again in November
which is good news, as lower rates mean low borrowing costs for household, firms and governments, and lower interest payments on government debt
last year, the federal government paid 36 billion euros on interest on its debt alone, up from 3.6 billion euros in 2021
[https://www.deutsche-finanzagentur.de/en/federal-funding/debt-statistics/interest-payments](https://www.deutsche-finanzagentur.de/en/federal-funding/debt-statistics/interest-payments)
it will take some time for interest payments to go down, but nonetheless they are going to be felt in the budget next year
that alone would give more financial space for more investment or more aid to Ukraine
on the European level, a 1 percentage point reduction in interest rate would result in like 40 billion euros less interest payments on debt per year
Ah welcome back sub 2% bank rates.. this didn’t take long to cool down now.. did it?
I wonder how inflation is going in Russia meanwhile.
Can’t confirm, rent still rises, other stuff still gets more expensive, wage has not risen.
Sluggish economy just like the germans love it
Uhhh that’s going into concerning territory
Another interest rate cut coming?
Definitely a sign of a weakening labor market.
Meanwhile Poland sits at 4,9 in September, nobody seems to be too alarmed. 🤨
If only i would see it in the prices in my supermarkets!
What is Germany doing that gets them below 2% inflation? Is it just because they have had a bit of recession?
In the UK we still can’t break that barrier and start cutting rates to finally stimulate the economy.