ECB’s Nagel open to rate cut at upcoming meeting

ECB Governing Council member and Bundesbank President Joachim Nagel, one of the central bank’s leading hawks, signaled today that he is “open” to considering another interest rate cut at the next meeting. Nagel acknowledged the “very encouraging” inflation data, while has recently dropped below ECB’s 2% target for the first time since 2021. But also […]

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