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ECB's Nagle: Returning to ECB's targeted 2% inflation rate looking ever less likely

Started by forex4you, Apr 20, 2022, 08:41 pm

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Apr 20, 2022, 08:41 pm
ECB's Nagle: Returning to ECB's targeted 2% inflation rate looking ever less likely

ECB (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

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