Bundesbank Nagel: It’s a first order error to give up inflation fight too early

<p>Bundesbank President Joachim Nagel described inflation as a &#8220;greedy beast&#8221; that&#8217;s &#8220;stubborn. And it&#8217;s a &#8220;first order error&#8221; to give up the fight early. During his remarks, Nagel noted &#8220;there&#8217;s still a way to go,&#8221; to bring inflation down to the 2% target, and &#8220;we have to slow economic activity to bring inflation down.&#8221; Nagel [&#8230;]</p>
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