Trump has begun another trade war. Here's a timeline of how we got here
Canada's leader laments lost friendship with US in town that sheltered stranded Americans after 9/11
Chinese EV giant BYD's fourth-quarter profit leaps 73%
You're an American in another land? Prepare to talk about the why and how of Trump 2.0
Chalk talk: Star power, top teams and No. 5 seeds headline the women's March Madness Sweet 16
Purdue returns to Sweet 16 with 76-62 win over McNeese in March Madness
FRANKFURT (Reuters) - Friday's unexpectedly weak survey on the health of the German economy merely confirm the country's predicament and discussion on the possible size of the next ECB interest rate cut needs to wait, Bundesbank chief Joachim Nagel said on Friday.
"They are more or less confirming the overall picture that the German economy is stagnating this year, and the start next year will be complicated for sure," Nagel said about fresh PMI data.
He added that new economic projections from the ECB due just before the Dec. 12 policy meeting will be crucial in deciding policy, so the discussion abut the exact move should wait, even if it was clear that more rate cuts are coming over the next year.
(Reporting by Balazs Koranyi; Editing by Toby Chopra)
