ECB needs evidence that inflation is heading to target, Nagel says

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The European Central Bank must be convinced that inflation is heading back to its 2% target before cutting interest rates, Bundesbank President Joachim Nagel said on Tuesday. The bank has essentially pre-announced a rate cut for June but policymakers are expressing a wide range of views on where...

https://www.hellenicshippingnews.com/ecb-needs-evidence-that-inflation-is-heading-to-target-nagel-says/

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