The budget deal in Congress cut off a funding source for local initiatives involving child care, health care and housing.

DAX slumped on March 20 as ECB rate cut uncertainty and US tariffs weigh on sentiment. Auto stocks lead losses ahead of Germany’s fiscal reform vote.

Affordability is becoming one of the buzzwords in politics over recent months. On Donald Trump’s second day in the Oval Office in January, he signed a presidential memorandum to deliver emergency ...