Bundesbank’s Nagel: Encouraging inflation outlook doesn’t mean hike cycle is over

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<p>In a speech in Cyprus today, Joachim Nagel, ECB Governing Council member and Bundesbank President, described the inflation outlook as “encouraging”. But he was quick to caution that this “that does not necessarily mean that the current hike cycle is now over.” Nagel emphasized the potential need to raise rates again if the “inflation outlook […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/529286-bundesbanks-nagel-encouraging-inflation-outlook-doesnt-mean-hike-cycle-is-over/">Bundesbank’s Nagel: Encouraging inflation outlook doesn’t mean hike cycle is over</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>