2026-06-29

Added 2026-07-01 · Updated 2026-07-09

Joachim Nagel: Inflation Likely to Stay Elevated Amid Geopolitical Tensions

Bundesbank President Joachim Nagel stated that euro area inflation will likely remain significantly above target due to geopolitical tensions affecting energy prices. He emphasized the need for cautious, data-driven monetary policy while highlighting the importance of structural reforms and stable public finances to support economic growth. Nagel also welcomed the participation of Federal Reserve official Kevin Warsh at the ECB Forum in Sintra.

Germany

Deutsche Bundesbank

Follow Bundesbank

Show thumbnailShow full textSourceAdd to collection

Show thumbnail