Some comments from Klaus Wohlrabe, Ifo's chief economist

  • Growth to remain strong this year and next year also
  • German government should lower taxes gradually starting 2019 or later when the ECB is expected to unwind its stimulus

A bunch of German comments out today, flowing together with coalition talks that are taking place.

Earlier in the day, there was the release of German 2017 GDP data here. It came in at a solid +2.2%, just under estimates of +2.3%.