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ICYMI - ECB big gun Nagel says may be more rate hikes on the way if data indicates a need

ICYMI - ECB big gun Nagel says may be more rate hikes on the way if data indicates a need
Joachim Nagel is president of the Deutsche Bundesbank and thus a key member of the Governing Council of the European Central Bank.Comments of his hit the new wires on Thursday:“We have done a lot by implementing 10 hikes so far,” “Maybe more will be on the way if the data indicate that further action is warranted.”The comments were from an interview given a couple of weeks again but were trotted out overnight. German inflation was in the news:Germany September preliminary CPI +4.5% vs +4.6% y/y... Read More
Posted: Sep 28 2023, 22:20
Author Name: forexlive
Views: 092017

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