Nagel Says He Can't Exclude That ECB May Need to Hike Again
6 Articles
6 Articles
Nagel Says He Can’t Exclude That ECB May Need to Hike Again
Joachim Nagel, the president of the Bundesbank, did not rule out at the IMF's annual meeting in Bangkok that the European Central Bank (ECB) may need another interest rate hike, after the institution has already raised its key interest rates twice this cycle, Bloomberg reports.
(Teleborsa) - "We have raised interest rates twice" and "if the situation remains so, we do not exclude the possibility of having to take further measures." That's what Joachim said...
The hawkish tone regarding the ECB's monetary policy is strengthening. Bundesbank President Joachim Nagel stated that the ECB may adjust its policy interest rate upwards if core inflation remains persistent. Nagel...
German Bundesbank President Joachim Nagel said that if current conditions persist, the European Central Bank (ECB) may have to raise interest rates again.
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