HomeForex TradingICYMI - ECB's Nagel says to anticipate a fee hike on the...

ICYMI – ECB’s Nagel says to anticipate a fee hike on the July assembly, September information pushed

July 17, 2023

Germany’s Bundesbank President and European Central Financial institution Governing Council member Nagel spoke on Monday.

Key factors:

Transmission could also be taking longer than prior to now
Reiterates {that a}
onerous touchdown is unlikely
Too early to declare
victory over inflation
Core inflation in
euro zone is ‘very sticky’
Don’t presently
see danger of overtightening
“We now have to hike subsequent time and I anticipate one other 25 basis-point hike for the July assembly”
“For the September assembly, we are going to see what the information will inform us”

—

The ECB July assembly is subsequent week:

latest articles