German minister: further interest rate cuts are too slow
BY Reuters | ECONOMIC | 10/02/24 08:06 AM EDTBERLIN, Oct 2 (Reuters) - German Economy Minister Robert Habeck said on Wednesday he believed further interest rate cuts were coming too slowly after the European Central Bank reduced rates in June and September.
Speaking at an event hosted by the BGA trade association, Habeck also said Germany had got through three quarters of the economic crisis caused by Russia's full-scale invasion of Ukraine. (Reporting by Andreas Rinke Writing by Madeline Chambers; editing by Matthias Williams)