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

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:

Supply hyperlink

latest articles

explore more


Please enter your comment!
Please enter your name here