Deutsche Bundesbank Monthly Report, May 2002

REPORT - Germany's central bank has released its Monthly Report for May 2002.

Click here to read the report

The world economy probably bottomed out in the winter months. The economic improvement was led by the US economy. Now signs of economic recovery are beginning to mount in the euro area as well. The world economy received a healthy dose of support from economic policy. Central banks in the United States and western Europe, in particular, cut their key interest rates sharply during 2001. In

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