Bundesbank’s Nagel cautions against premature ECB rate cut expectations

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-ecb13.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p>
<p>Bundesbank President Joachim Nagel has issued a warning to investors and analysts anticipating an early interest rate cut by ECB. In an interview, Nagel emphasized the importance of maintaining the current interest rate levels to ensure the effective management of inflation. “We must initially remain at the current interest rate plateau so that monetary policy […]</p>
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