Updated

Updated · Bloomberg · Jul 3

Nagel Urges ECB to Keep Rate Options Open as Middle East Risks Threaten Inflation

Updated

Updated · Bloomberg · Jul 3

Nagel Urges ECB to Keep Rate Options Open as Middle East Risks Threaten Inflation

1 articles · Updated · Bloomberg · Jul 3

Joachim Nagel said the ECB should stay vigilant on inflation and avoid locking in its next rate move, keeping policy options open ahead of the coming decision.
Aix-en-Provence remarks from the Bundesbank chief pointed to geopolitical uncertainty, with Nagel warning that an end to Middle East hostilities cannot be assumed.
The comments reinforce the cautious line Nagel struck earlier this week, suggesting policymakers still see upside inflation risks despite recent progress on price pressures.

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