ECB’s Nagel: Too early to cut rates even if a move appears tempting to some
|European Central Bank (ECB) policymaker and Bundesbank Chief Joachim Nagel said on Friday, it is “too early to cut rates even if a move appears tempting to some. “
Additional comments
Will only get key price pressure data in Q2, then we can contemplate a cut in interest rates.
Price outlook is not yet clear enough.
period of rapid inflation drops over, some setbacks ahead possible.
Inflation, including 'hard core' will remain markedly higher than 2% in coming months.
Related reads
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.