Germany’s Tough Election Makes the Market Want to Spend More
With markets forecasting the end of an era of restrained fiscal policy, Germany’s most consequential election in years sets the stage for a shift toward more expenditure. Following Germany’s conservative opposition leader Friedrich Merz’s resounding victory in Sunday’s federal election, the euro increased by 0.7% in Asian trade, as anticipated. Bond futures declined slightly, while […]
Germany’s Tough Election Makes the Market Want to Spend More Read More »