ECB Nagel doesn’t expect stagflation at the moment

[PocketOption]

ECB Nagel doesn't expect stagflation at the moment

ECB Governing Council member Joachim Nagel told German newspaper Handelsblatt, “I don’t expect stagflation at the moment, even though the fallout of the war will boost inflation rates and weaken economic growth.” He added that there are currently “no signs” of a wage-price spiral. He said ECB’s current approach of tapering asset purchases while being […]

The post ECB Nagel doesn’t expect stagflation at the moment appeared first on Action Forex.

Source: ECB Nagel doesn't expect stagflation at the moment