ECB's Weidmann told German cabinet that now isn't the time for tax cuts

Spiegel reports

Bundesbank leader Jens Weidmann advised against cutting taxes now. He said that running only a balanced budget at this time is equivalent to running a deficit in weaker times.

Unfortunately for him, the only timing that matters is this year's election.

Best in 2026

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access