Bundesbank President Joachim Nagel says another hike is very likely necessary unless inflation improves significantly.
The ECB held its rate at 2.50% the week before November 3. Nagel says another increase may be needed in December unless inflation improves significantly. Bulgaria's central bank chief Dimitar Radev says the outlook has deteriorated since September.
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@NGLSHMUELIECB December rate hike is looking nearly certain. - Bundesbank's Nagel says another hike is "almost unavoidable" unless inflation improves significantly - ECB held at 2.50% last week, but the pause is increasingly seen as temporary - Inflation expected to exceed 4% — more than double the 2% target - Bulgaria's Radev adds the outlook has deteriorated since September #ECB #inflation
@investingLive_ECB’s Nagel says a December rate hike is very likely to be necessary https://investinglive.com/central-banks/ecb-s-nagel-says-a-december-rate-hike-is-very-likely-to-be-necessary/@NGLSHMUELIECB December rate hike is looking nearly certain. - Bundesbank's Nagel says another hike is "almost unavoidable" unless inflation improves significantly - ECB held at 2.50% last week, but the pause is increasingly seen as temporary - Inflation expected to exceed 4% — more than double the 2% target - Bulgaria's Radev adds the outlook has deteriorated since September #ECB #inflation@investingLive_ECB’s Nagel says a December rate hike is very likely to be necessary https://investinglive.com/central-banks/ecb-s-nagel-says-a-december-rate-hike-is-very-likely-to-be-necessary/@NGLSHMUELIECB December rate hike is looking nearly certain. - Bundesbank's Nagel says another hike is "almost unavoidable" unless inflation improves significantly - ECB held at 2.50% last week, but the pause is increasingly seen as temporary - Inflation expected to exceed 4% — more than double the 2% target - Bulgaria's Radev adds the outlook has deteriorated since September #ECB #inflation@investingLive_ECB’s Nagel says a December rate hike is very likely to be necessary https://investinglive.com/central-banks/ecb-s-nagel-says-a-december-rate-hike-is-very-likely-to-be-necessary/@NGLSHMUELIECB December rate hike is looking nearly certain. - Bundesbank's Nagel says another hike is "almost unavoidable" unless inflation improves significantly - ECB held at 2.50% last week, but the pause is increasingly seen as temporary - Inflation expected to exceed 4% — more than double the 2% target - Bulgaria's Radev adds the outlook has deteriorated since September #ECB #inflation@investingLive_ECB’s Nagel says a December rate hike is very likely to be necessary https://investinglive.com/central-banks/ecb-s-nagel-says-a-december-rate-hike-is-very-likely-to-be-necessary/—
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