ECB’s Nagel Cautions Against Excessive Optimism on Inflation

Central banks "want" us to have "the most expensive Easter in history" every year, because they are targeting a positive inflation rate. They do it transparently and responsibly, to avoid deflation, says Cristian Popa, member of the BNR Board of Directors. The article NBR, a grim announcement for all Romanians: We will have "the most expensive Easter in history". There is also good news appears first on Romania TV.

ECB’s Nagel Cautions Against Excessive Optimism on Inflation

European Central Bank officials shouldn’t become too confident on reaching their inflation goal even if new data on that front are pointing in the right direction, Governing Council member Joachim Nagel said.

The president of the Bundesbank, Joachim Nagel, this Friday asked not to be overly optimistic about the process of reducing inflation to 2% despite the good readings from some of the main economies of the European Union, such as Spain.

MADRID, 28 (EUROPA PRESS) The president of the Bundesbank, Joachim Nagel, this Friday asked not to be overly optimistic about the process of reducing inflation to 2% despite the good readings from some of the main economies of the European Union, such as Spain. "The latest figures I have seen about inflation in [...] The Nagel (BCE) entry warns against excessive optimism about inflation just when 2% is in sight appears first in Forbes Spain.