{"id":13559,"date":"2023-04-17T18:36:31","date_gmt":"2023-04-17T18:36:31","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/inflation-is-a-tough\/"},"modified":"2023-04-17T18:40:38","modified_gmt":"2023-04-17T18:40:38","slug":"inflation-is-a-tough","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/inflation-is-a-tough\/","title":{"rendered":"Inflation is a tough beast says German finance minister"},"content":{"rendered":"<p>BERLIN (Reuters) &#8211;     Inflation is a risk for financial stability and central banks must take this into consideration, German Finance Minister Christian Lindner said on Monday. <\/p>\n<p>&#8220;Inflation is a tough beast,&#8221; said Lindner at an event of the association of German banks, adding that inflation is a risk not only for the financial system, but also for the economy. <\/p>\n<p>&#8220;Fiscal policy should not contradict monetary policy,&#8221; the finance minister said, asking for a consolidation of public finances. <\/p>\n<p>Subsidies are not the solution to current problems, according to Lindner &#8211; &#8220;we should focus on structural reforms to promote growth,&#8221; he said. <\/p>\n<p>Lindner added there are no reasons to worry about financial stability in Germany following the banking turmoil in the U.S. and with Credit Suisse.<\/p>\n<p>&#8220;There isn&#8217;t a banking crisis,&#8221; he said. &#8220;Our banks have a strong capital basis.&#8221; <\/p>\n<p \/>\n<p> (Reporting by Maria Martinez, editing by Emma-Victoria Farr and Sandra Maler)<\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/inflation-is-a-tough\/german-finance-minister-christian-lindner-speaks-to-the-media-at\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportEconomy\/tagreuters.com2023binary_LYNXMPEJ3G0OV-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ3G0OV-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BERLIN (Reuters) &#8211; Inflation is a risk for financial stability and central banks must take this into consideration, German Finance Minister Christian Lindner said on Monday. &#8220;Inflation is a tough beast,&#8221; said Lindner at an event of the association of German banks, adding that inflation is a risk not only for the financial system, but [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":13560,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1216],"tags":[],"class_list":["post-13559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-economy"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportEconomy\/tagreuters.com2023binary_LYNXMPEJ3G0OV-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/13559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=13559"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/13559\/revisions"}],"predecessor-version":[{"id":13561,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/13559\/revisions\/13561"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/13560"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=13559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=13559"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=13559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}