Bundesbank Nagel: Further significant interest rate increases are needed

Bundesbank President Joachim Nagel told Boersen-Zeitung, “it would be dangerous to think that we are already through and that the inflation problem is over.” In particular, core CPI at 5.2% shows that “inflation is eating its way through the economy and is becoming more widespread.” On interest rate, Nagel said, “From my current perspective, further […]

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