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IMF Says Germany Should Implement Spending Hike


May, 16 2017
watermark Economic news

The International Monetary Fund says that Germany should consider loosening up and boost its overall spending activity particularly on the country’s infrastructure sector in order to dodge possible low inflation rates in the long run. The IMF also encouraged the country to increase its wages and lend a hand to the ECB with regards to putting a stopper to its ultralow interest rate policy. In addition, the fund also called for Angela Merkel to put effort into increasing German domestic demand in the midst of a heavily-surplused three-year budget.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.