ECB’s Nagel warns of a June rate hike if inflation and wage pressures don’t improve, signaling a hawkish pivot in eurozone policy.
Key takeaways
- Why the ECB’s June Rate Decision Could Signal a Turning Point in Eurozone Monetary Policy
- The European Central Bank rarely telegraphs rate hikes months in advance. So when Bundesbank President Joachim Nagel bluntly warned that the ECB could raise rates in J...
- Eurozone inflation remains stubbornly above the ECB’s 2% target, with core inflation sticky and wage pressures mounting. The central bank, after months of holding rate...
- Several triggers could stall improvement in the inflation outlook. Oil prices have rebounded over $85/barrel amid Middle East tensions, feeding through to energy costs...
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