Central Banks

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

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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 www.forexlive.com. Source