Die Zentralbanken der Industrieländer stehen vor dem Problem eines ‚gordischen Knotens‘. Werden - oder besser noch - können sie angesichts des stockenden Realwachstums, der schlecht funktionierenden Arbeitsmärkte und der anhaltenden hohen Inflationswerte entschlossene politische Maßnahmen ergreifen? Die globalen Anleihenmärkte verlieren die Geduld und preisen die Anhebung der Leitzinsen nun schon im Jahr 2022 ein. Verfrüht oder nicht?
Nimmt man die jüngsten Daten aus China und den USA als Richtschnur, so ist das weltweite Realwachstum im dritten Quartal auf annualisierte 3,2 % gesunken. Das ist weit entfernt von den Schätzungen von fast 6 % für 2021, die Ende des zweiten Quartals
Nimmt man die jüngsten Daten aus China und den USA als Richtschnur, so ist das weltweite Realwachstum im dritten Quartal auf annualisierte 3,2 % gesunken. Das ist weit entfernt von den Schätzungen von fast 6 % für 2021, die Ende des zweiten Quartals
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