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On 20 June 2019, thirteen councils on economic policy have convened in Paris for the fourth International Conference to exchange their views on current issues of economic policy.
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He was honoured for his "achievements in monetary theory in particular concerning the appropriate interest rate policy of central banks and his quantitative research".
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The federal government will assign the task of the National Productivity Board to the German Council of Economic Experts. Hereby, it implements a recommendation by the Council of the European Union as of 20 September 2016.
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The members of the German Council of Economic Experts today unanimously elected Professor Dr. Christoph M. Schmidt, RWI Essen, as Chairman for a further term in office. Prof. Schmidt has chaired the Council since 2013.
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The German Council of Economic Experts is cutting its growth forecast for 2019 and now expects German GDP to grow by 0.8 % and 1.7 % in 2019 and 2020, respectively.
