Nagel says the fight against inflation is not over
Bundesbank President and European Central Bank (ECB) Governing Council member Joachim Nagel said the fight against inflation is not yet over and that further measures are needed to ensure price stability.
His remarks highlighted the continued importance of inflation risks in shaping monetary policy across the euro area.
The emphasis on bringing inflation sustainably under control could reinforce expectations that the ECB will maintain a cautious approach to interest rates. The prospect of tighter monetary policy could support the euro and European bond yields, while potentially weighing on economic growth and equity markets across the region.
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