30 days ago • Posted by William Ramstein

German private savings could bolster economic recovery

Fueled by large amounts of household savings and pent-up demand, the economy is set to rebound strongly in the coming quarters. The International Monetary Fund last week said it expects output to return to pre-crisis size early next year. The Bundesbank is more optimistic and predicts it could already happen at the end of 2021.

Source: Yahoo

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