Bundesbank will push for higher interest rate as soon as possible says Dombret

• Interest rate rise will not happen for a long time
• EU forecast of 1.5% German growth is likely to be accurate
• German GDP is above our estimates for 2015 & 2016

Buba's Andreas Dombret reckons German growth will be above their forecasts by a wide margin due to the stimulus provided by lower oil prices.

MNI had the scoop as he gave a speech to savings bankers in Berlin, hence the mention of interest rates ;-)