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ICYMI - ECB's Nagel said core inflation is very high, another rate hike coming in May

Bundesbank head, and thus a key member of the European Central Bank Governing Council, Joakim Nagel spoke with reporters on Thursday in Washington. What he said on the prospects for the May ECB meeting is not a surprise, but just to note:further to go on tightening monetary policy with core inflation remaining very highexpects the cycle of hikes to continue at the May ECB meetingimportant to watch for signs of loan growth slowing in the wake of the recent financial stress, but there’s no danger... Read More

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Posted: Apr 13 2023, 22:52

Author Name: forexlive

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