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German government slashes economic outlook

Oct. 14, 2014 7:51 AM ETEWG, GERJ, EWGS, FGM, DBGR, DXGE, HEWG, QDEUBy: Stephen Alpher, SA News Editor2 Comments
  • The finance ministry sees 2014 economic growth at 1.2% vs. the previous estimate of 1.8%. 2015 GDP growth is cut all the way to 1.3% from 2%.
  • The CPI outlook is for 1.1% this year and 1.6% in 2015.
  • German 10-year Bund yields are down five basis points to a record-low 0.80%.
  • Previously: German investor sentiment turns negative
  • ETFs: EWG, EWGS, DBGR, DXGE, GERJ, FGM, QDEU, HEWG

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