menu search

ICYMI - ECB's Nagel says to expect a rate hike at the July meeting, September data driven

ICYMI - ECB's Nagel says to expect a rate hike at the July meeting, September data driven
Germany's Bundesbank President and European Central Bank Governing Council member Nagel spoke on Monday.Key points: Transmission may be taking longer than in the pastReiterates that a hard landing is unlikelyToo early to declare victory over inflationCore inflation in euro zone is ‘very sticky’Don’t currently see risk of overtightening“We have to hike next time and I expect another 25 basis-point hike for the July meeting” “For the September meeting, we will see what the data will tell us”--The... Read More
Posted: Jul 17 2023, 21:54
Author Name: forexlive
Views: 080922

Search within

Pages Search Results: