Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
16 December 2022 | Other

Bundesbank says Germany's economy will contract through mid-2023

EURJPY
EURGBP
EURUSD
EURAUD
EURCAD

Bundesbank warned of tough times for the German economy through the middle of next year. German businesses and households will have to struggle to pay high energy bills, and it will take a while before Germany sees a recovery. 

According to the revised forecast, the nation’s GDP is likely to decline by 0.5% next year. The GDP growth forecast for 2024 has also been revised down. Inflation is expected to be higher than previously estimated. 

Bundesbank President Joachim Nagel said that economic activity in Germany could slump. However, the economy would gradually recover from the second half of 2023. 

Nagel believes that the European Central Bank should keep raising rates, as inflation in Germany and the euro zone is expected to be above the target level of 2% through 2025.

Company MarketCheese

Recommended

Australia. Employment Change. The value of the indicator has decreased from 26.5K to -5.4K
1 hour ago
Australia. Unemployment Rate. The value of the indicator remained at the same level of 4.2%
1 hour ago
United States. Interest Rate Projection - Current. The value of the indicator has decreased from 3.9% to 3.6%
Yesterday at 6:01 PM
United States. Interest Rate Projection - 2nd Yr. The value of the indicator has decreased from 3.4% to 3.1%
Yesterday at 6:01 PM
United States. Interest Rate Projection - 1st Yr. The value of the indicator has decreased from 3.6% to 3.4%
Yesterday at 6:01 PM
Top news
United States. Fed Interest Rate Decision. The value of the indicator has decreased from 4.5% to 4.25%
Yesterday at 6:01 PM
Canada. BoC Interest Rate Decision. The value of the indicator has decreased from 2.75% to 2.5%
Yesterday at 1:45 PM
European Union. CPI (MoM). The value of the indicator has decreased from 0.2% to 0.1%
Yesterday at 9:00 AM
United States. Retail Sales (MoM). The value of the indicator remained at the same level of 0.6%
16 September
European Union. Trade Balance. The value of the indicator has increased from 8B to 12.4B
15 September
All news

Forecasts

S&P 500 buy
Period: 17.09.2025 Expectation: 500 pips
Buying SPX on 0.5% Fed rate cut
Indicators and reports Chart analysis
Yesterday at 11:38 AM 135
McCarthy_Raymond
USDCAD sell
Period: 24.09.2025 Expectation: 1500 pips
USDCAD is set to fall ahead of interest rate decisions
TA Other FA Other Technical analysis Indicators Fundamental analysis
Yesterday at 10:57 AM 115
Lyra_Moonwell1
NVIDIA Corporation sell
Period: 23.09.2025 Expectation: 500 pips
NVIDIA shares approach gap closure at $170.50
Indicators Chart analysis Hot news
Yesterday at 10:26 AM 103
John_Bullard
NVIDIA Corporation buy
Period: 31.12.2025 Expectation: 200 pips
Buying NVIDIA shares with $195 in view
FA Other Chart analysis
Yesterday at 08:54 AM 33
Bruce_Powers
EURUSD sell
Period: 24.09.2025 Expectation: 1300 pips
EURUSD is expected to correct after Fed announces rate decision
FA Other Technical analysis Indicators and reports Indicators Fundamental analysis
Yesterday at 07:14 AM 121
Emily_Foster
BTCUSD buy
Period: 23.09.2025 Expectation: 3000 pips
Buying Bitcoin with $118,800 target amid consolidation
TA Other FA Other Technical analysis Indicators Fundamental analysis
16 September 2025 266
Lyra_Moonwell1
Go to forecasts