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Econ Min: It Is Right That Interest Rates Are Being Raised

GERMANY

Wires carrying comments from German Economy Minister and Vice-Chancellor Robert Habeck. States that 'it is right that interest rates are being raised'.

  • On inflation: 'The inflation we are experiencing now is not driven mainly by money supply, but by energy prices'.
  • Habeck has become one of the more popular politicians in Germany in recent months, with his hard-line stance against Russia and efforts to diversify the economy away from Russian fossil fuel use gaining him plaudits.
  • The Greens, of which he is a member, now sits either alongside or just ahead of Chancellor Olaf Scholz's Social Democrats in most opinion polling, behind only the centre-right Christian Democratic Union of Friedrich Merz.
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Homepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

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