Bundesbank’s Dombret sees market volatility mitigated after US election

Andreas Dombret, board member of the German central bank, Bundesbank, was on the wires last minutes, via Bloomberg TV, speaking on various global economic issues, including the upcoming US elections.

Key Headlines:

Low rate environment is appropriate at current time

solvency of German banks is not in doubt but profitability is low

sees market volatility mitigated after US election

Chinese economy to remain stable