ECB’s Nagel says policy must be more stubborn than inflation is, sees no recession coming

Germany’s Bundesbank President (and ECB Governing Council member) Nagel speaking in a TV interview.

  • European labour market is strong
  • much too early to think about a rate-hike pause
  • ECB must be stubborn on policy, more stubborn than inflation is

This article was written by Eamonn Sheridan at Source