Bundesbank President Joachim Nagel Talks Risk of Recession

Bundesbank President Joachim Nagel discusses Germany being in danger of suffering a recession this year due to the fallout from US tariffs. European Central Bank are lowering interest rates to help counter the drag on the euro-zone economy from President Donald Trump’s trade policies. Nagel expects a jump in public spending from Germany's incoming government to help revive its economy, and believes the economy will do better over the next years. Nagel spoke with Bloomberg's Lisa Abramowicz.See omnystudio.com/listener for privacy information.