German Economy Likely to Grow Despite Iran War, Bundesbank Says

Germany's economy is expected to maintain its modest growth trajectory despite the ongoing conflict in Iran, according to the Bundesbank. The central bank highlights that the second quarter's expansion is likely to continue into the third, driven by strong domestic demand and resilient consumer confidence. This outlook is significant as it underscores Germany's economic resilience amid global geopolitical tensions, suggesting that its internal economic dynamics are robust enough to weather external challenges. For the latest details, check out the full report on Bloomberg.