Grabancijaš · @Grabancijas
2 followers · 179 posts · Server masto.ai#Germany's #centralbank, #Bundesbank, reported first #loss since 1979
.
Many centrals in the #eurozone are under duress due to #monetarytightening.
Bundesbank issued a lot of debt via #negative #interest #rates.
'The #earnings outcome now and in the coming years is ultimately the result of the extraordinarily expansive monetary policy of the past few years,' Bundesbank President #JoachimNagel said.
https://grabancijas.com/bundesbank-zabiljezio-prvi-gubitak-od-1979-godine/
#ohhowtableshaveturned #germany #centralbank #bundesbank #loss #eurozone #monetarytightening #negative #interest #rates #earnings #joachimnagel