ECB’s Nagel: Central bank will take decisive action if needed to bring inflation down

FXStreetOct 30, 2026 10:22 AM

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The comments from European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel released during Friday’s European session on Bloomberg signal that the central bank is committed to a chieve price stability.

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ECB will take decisive action if needed to bring inflation back to target.

Consumer-price growth has picked up again.

Can’t be ruled out that prices will continue to rise in the coming weeks.

Higher energy costs being a major contributing factor.

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