Bundesbank Nagel: We have to be a little bit more patient

<p>Bundesbank President and ECB Governing Council member, Joachim Nagel expects a 25 bps increase for the upcoming July meeting of ECB. As for the meeting in September, Nagel stated on Monday, “we will see what the data will tell us.” Unlike previous financial cycles, core inflation rates in developed nations are not declining as swiftly, […]</p>
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