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Inflation eases: Dax reaches new all-time high on Frankfurt Stock Exchange

The German share index (Dax) broke its previous record on the Frankfurt Stock Exchange on Tuesday and reached a new high: the index climbed by around 0.8 percent to 16,538.05 points in the afternoon - the previous high was reached in July at 16,528.97 points.

,   and  ZEITUNG «AUSSIEDLERBOTE»
1 min read
Frankfurt Stock Exchange.aussiedlerbote.de
Frankfurt Stock Exchange.aussiedlerbote.de

Inflation eases: Dax reaches new all-time high on Frankfurt Stock Exchange

The main reason for this development is that inflation figures in the eurozone have recently fallen. Investors are therefore speculating that the European Central Bank (ECB) has ended its policy of interest rate hikes for the time being and that key interest rates could even fall again in the near future. This in turn boosts the economy.

The ECB had raised interest rates in the eurozone ten times in a row since July 2022 in the fight against high inflation. At its meeting in October, it left interest rates unchanged. Inflation in the eurozone fell significantly to 2.4 percent in November.

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Source: www.stern.de

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