Wednesday , 22 January 2025
Home Forex ECB’s Nagel says confident inflation will return to 2% target by mid-year
Forex

ECB’s Nagel says confident inflation will return to 2% target by mid-year

  • I am confident inflation will return to 2% target by middle of the year
  • Mainly because wage momentum is normalising
  • Also because economic developments in Europe remain subdued

The narrative today is just to say anything to sell the story of back-to-back rate cuts in January and March.

This article was written by Justin Low at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

ForexLive European FX news wrap: Dollar gains dispelled, ECB reinforces rate cut path

Headlines:Dollar pares gains on the day in European morning tradeTrump making sure...

ECB’s Rehn: We are aconfident inflation will stabilise at the target as predicted

Monetary policy will stop being restrictive in the near futureAgain, all of...

3 Elements of Focus That Affect Your Trading Performance

You may not notice this, but the kind of focus you give...

Gold rallies with Trump hinting on tariffs for China

Gold’s price (XAU/USD) sees its upside move continue for this week after...