The inflation rate in the euro area is far from where the euro keepers want it. The Bundesbank President has a clear view of what the ECB should do in December.
FRANKFURT (ANP/BLOOMBERG) - The European Central Bank (ECB) will likely raise interest rates in December, says German Federal President Joachim Nagel. Nagel, who is also a member of the ECB's Governing Council, states that based on current inflation forecasts, an interest rate hike un...