8 Articles
8 Articles
"It will be very dependent on how energy prices evolve," explained Joachim Nagel the day after the ECB's 25 basis points (bp) rise. The German governor also considered that the reference 2.5% corresponded to the upper limit of the neutral rate, a concept that Lagarde had devalued the previous day as "highly conceptual".
Global Market | ECB may need further rate hikes if energy prices stay high: Nagel
ECB policymaker Joachim Nagel said the central bank may need to raise interest rates further if elevated energy prices persist, potentially moving policy into mildly restrictive territory. The ECB raised its key rate to 2.50% on Thursday, while the outlook for future hikes will depend on energy prices and inflation trends.
Forbes España
diarioestrategia.clThe president of the Bundesbank, Joachim Nagel, has warned that he does not rule out another increase in interest rates by the European Central Bank (ECB) depending on price developments, even if it means putting itself on a restrictive ground for the European economy. “As I see it, I believe that with yesterday’s rise in interest rates [...] The Nagel (Bundesbank) entrance anticipates another possible rise in rates, even though it may slow econ…
(Teleborsa) - The ECB may have to bring further interest rates towards a moderately restrictive territory, if the increase in energy related to the war were to continue. It has declared the...
"It depends largely on how energy prices evolve, how the price picture develops over the course of, perhaps, the next month," he said.
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