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ECB’s Nagel: We must be cautious about future rate moves

Jun 10, 2024 10:11 AM

European Central Bank (ECB) policymaker and Bundesbank Chief Joachim Nagel warned on Monday that “we must be cautious about future rate moves.”

Further comments

Rates are on a mountain ridge, not a peak.

We still have to find the right point for a further descent.

Uncertainty about future economic and price trend remains high.

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