ECB’s Nagel: the risk of a too late tightening has increased


  • If bond purchases end in Q3 as expected, rates could rise this year
  • The ECB should rise if the outlook calls for it
  • The low inflation environment is unlikely to return
  • The risk of second-round effects from high inflation is on the rise

Nagel is the head of the Bundesbank and a hawk, so these comments come as no surprise. If ever the ECB found itself behind the curve in an inflationary environment, it would absolutely destroy the budgetary balances of the euro zone.


cnbctv18-forexlive-benzinga

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button