ECB’s Joachim Nagel says it’s too early to discuss cutting rates because inflation remains high

ECB’s Joachim Nagel says it’s too early to discuss cutting rates because inflation remains high

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It is too early for the European Central Bank to discuss cutting interest rates because inflation remains high, ECB policy-maker Joachim Nagel said on Monday. The Bundesbank president, a policy hawk who favours higher rates, was once again pushing back against market expectations for the ECB to…

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