ECB's Nagle: Returning to ECB's targeted 2% inflation rate looking ever less likelyECB (and German Bundesbank Pres) Nagel is on the wires saying: returning to ECB's targeted 2% inflation rate looking ever less likely Am against hasty rate hikes ECB may be able to stop asset purchase program at the end of Q2 ECB could raise rates early Q3/expects a moving Q3 A stagflation scenario must be avoided
Source: ECB's Nagle: Returning to ECB's targeted 2% inflation rate looking ever less likely (https://www.forexlive.com/centralbank/ecbs-nagle-returning-to-ecbs-targeted-2-inflation-rate-looking-ever-less-likely-20220420/)
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