Germany – the Green party's wish list
Polls for the German national elections in autumn all agree that there will be no new federal government without the Greens. We have taken a close look at their election platform.
Forecast change – euro area down, US up: At our monthly forecast meeting, we lowered our 2021 growth forecast for the euro area; the ECB is likely to increase the volume of its PEPP bond-buying program. By contrast, we expect economic growth in the U.S. to increase once again.
ECB Council meeting – on hold until June: Since the ECB does not plan to decide on weekly PEPP purchase volumes in the third quarter until June, no decisions are likely to be forthcoming at Thursday's Council meeting.