Tue, January 21, 2025
Mon, January 20, 2025
Sun, January 19, 2025
Sat, January 18, 2025
Fri, January 17, 2025
Thu, January 16, 2025
[ Thu, Jan 16th ]: MSN
Opening Bell: 1.15.25
Wed, January 15, 2025
Tue, January 14, 2025
Mon, January 13, 2025
[ Mon, Jan 13th ]: CNET
Rocket Money Review 2025
[ Mon, Jan 13th ]: CFO
A CFO action plan for 2025

ECB should not rush rate cuts, Nagel says

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. 17/ecb-should-not-rush-rate-cuts-nagel-says.html
  Print publication without navigation Published in Business and Finance on by Reuters
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  The European Central Bank should not rush to lower interest rates because inflation remains high and uncertainty great, ECB policymaker Joachim Nagel said in an interview published on Friday.

Bundesbank President Joachim Nagel emphasized that the European Central Bank (ECB) should not rush into cutting interest rates, despite market expectations for a potential rate cut in April. Speaking at a financial conference in Hong Kong, Nagel highlighted the ongoing challenge of managing inflation, which remains above the ECB's 2% target. He cautioned against premature monetary policy easing, suggesting that the ECB needs to maintain a restrictive stance to ensure inflation is sustainably managed. Nagel's comments reflect a cautious approach, indicating that any decision on rate adjustments would be data-driven and not influenced by market speculation or short-term economic fluctuations.

Read the Full Reuters Article at:
[ https://www.reuters.com/markets/europe/ecb-should-not-rush-rate-cuts-nagel-says-2025-01-17/ ]