Bundesbank’s Nagel stresses final push to inflation target as toughest hurdle

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<p>Bundesbank President Joachim Nagel likened the journey toward ECB’s inflation target to an arduous “last mile,” which “may well be the hardest”. Nagel pointed out that a key strategy for businesses would involve absorbing recent wage hikes—a move that will necessitate accepting slimmer profit margins. On the other side, he emphasized the necessity of a […]</p>
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