Economics

Bundesbank Lifts Inflation Outlook as Weidmann Urges Vigilance

  • Consumer prices seen growing 2.2% in 2024, above ECB goal
  • Weidmann says ECB musn’t ignore upside risks to price growth
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The Bundesbank predicts German inflation will remain above 2% through 2024 -- an outlook that will amplify calls within Europe’s largest economy for a speedy removal of monetary stimulus.