Regulatory Alerts2026-06-29
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Joachim Nagel: Inflation Likely to Stay Elevated Amid Opaque Outlook
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 welcoming structural reforms to strengthen European capital markets. Nagel concluded that the ECB must wait for sufficient information before making decisions, keeping all policy options open.
Topics
monetary
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