Macro Strategy Views Podcast: Why Germany should ease fiscal policy

In our Macro Strategy Views podcast, we discuss the arguments for why Germany should ease fiscal policy. Global Head of FI&C Research Thomas Harr chairs today’s podcast and our Chief Economist in Denmark Las Olsen joins him We discuss the arguments for German fiscal stimulus: cyclically, a secular decline in interest rates, to lift the neutral rate, and support short- and long-term growth. In our view, it may be some time before policymakers act. We believe the market would like to see more concrete evidence of a shift in the German stance before it has a lasting impact.