Germany's Scholz: Don't expect higher interest rates for years

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Germany's Scholz: Don't expect higher interest rates for years
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German Finance Minister Olaf Scholz said on Saturday that he expected interest r...

German Vice Chancellor and Finance Minister Olaf Scholz speaks on stage during the"Open Door Day" of the Federal Ministry of Finance in Berlin, Germany, August 17, 2019. REUTERS/Annegret Hilse

The European Central Bank has already signaled even more monetary stimulus for the euro zone economy, hoping to arrest a downward spiral that could lead to an economic recession.

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