ECB’s Nagel: Wage growth and decreasing labor supply will keep up pressure on inflation

  • Imperative to remain vigilant
  • We still face risks that inflation outlook could turn out higher than expected

There is some resignation towards lower inflation there, especially with all indicators showing a slowing Germany economy but they’re determined not to shift dovishly for now.

This article was written by Adam Button at www.forexlive.com. Source