Ifo’s Fuest: German coalition situation will slowdown Brexit

Dhwani Mehta FXStreet

The German Ifo’s Head Clemens Fuest and Economist Wohlrabe addressed a press conference, following the release of the Ifo surveys, with the key headlines found below.

Ifo Head Fuest:

Influence on German economy limited.

German coalition situation will slow down Brexit.

Both a grand coalition or minority Govt could work.

Ifo Economist Wohlrabe:

German economy robust.

Broadly unaffected by political events at home or abroad.

ECB decision to reduce bond purchases appears not to have affected German business morale.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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