The uncertainty surrounding the prospects for inflation in the euro area, which will continue to depend heavily on geopolitics, requires a flexible stance, although this is not synonymous with doing nothing, as Bundesbank President Joachim Nagel, member of the Governing Council of the European Central Bank (ECB) said this Monday.
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The uncertainty surrounding the prospects for inflation in the euro area, which will continue to depend to a large extent on geopolitics, requires a flexible stance, although this is not synonymous with doing nothing, as Bundesbank President Joachim Nagel, member of the Governing Council of the European Central Bank, pointed out on Monday [...] La entrada The Bundesbank argues that uncertainty about inflation "requires flexibility, not inaction"…
European Central Bank (ECB) Governing Board member Joachim Nagel said the ECB needs to be prepared for various inflation scenarios as the situation in the Middle East continues to affect the consumer price outlook.