Nagel Signals ECB Will Hike Next Week, Cautious Beyond That
8 Articles
8 Articles
Reformatorisch Dagblad
welingelichtekringen.nlThe European Central Bank (ECB) will in all likelihood raise interest rates in the eurozone again next Thursday. That is the opinion of German Central Bank President Joachim Nagel. In June, the ECB also implemented an interest rate hike of a quarter percentage point to combat high inflation.
FRANKFURT (ANP/BLOOMBERG) - The European Central Bank (ECB) will in all likelihood raise interest rates in the eurozone again next Thursday. That is the opinion of German central bank president Joachim Nagel. In June, the ECB also implemented an interest rate hike of a quarter percentage point to address the high...
ECB member and Bundesbank chief Joachim Nagel signals that the European Central Bank is expected to raise interest rates at its meeting next week, but is wary of giving any indication on the further path of interest rates. Bloomberg News reports.
The European Central Bank is aiming to raise interest rates at next week's meeting, as Governing Council member Joachim Nagel hinted.
“We need to control inflation.”
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