ECB Is Close to Reaching Its Inflation Target, Nagel Says

ECB Is Close to Reaching Its Inflation Target, Nagel Says

The European Central Bank is close to hitting its 2% inflation goal, but elevated uncertainty makes it impossible to predict future interest-rate moves and requires maximum flexibility, Governing Council member Joachim Nagel said.

ECBs Knot: Near term growth and inflation risks are to the downside.

ECBs Knot speaks

Next week, the European Central Bank (ECB) will once again decide on interest rates. As the ECB is on the verge of reaching its 2% inflation target, the markets expect further interest rate cuts. Another reason is that the economy in the euro area is increasingly under pressure from US tariffs. While US President Trump has the target of [...] The post inflation: ECB before further lowering interest rates? appeared first on financial marketwelt.d…

ECB is close to reaching its inflation target: official

The European Central Bank (ECB) is close to hitting its 2 per cent inflation goal, but elevated uncertainty makes it impossible to predict future interest-rate moves and requires maximum flexibility, said governing council member Joachim Nagel.

ECB's Nagel remains cautious on next rate move

Bundesbank President Joachim Nagel struck a measured tone on the path ahead for interest rates, saying it remains too soon to decide on a further cut next month.