Heurist Finance

Nagel leaves ECB hike option open after two increases

Bloomberg · 4 hours ago
Nagel leaves ECB hike option open after two increases
  • Bundesbank President Joachim Nagel said in Bangkok at the IMF annual meeting that the ECB has raised key rates twice.
  • Nagel said the ECB does not rule out further action if the current situation persists.

Quotes

“We’ve raised key interest rates twice”— Joachim Nagel
“we don’t rule out the possibility that we may have to take further action.”— Joachim Nagel

Sources