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ECB’s Nagel: Timely return to price stabilty cannot be taken for granted

  • There is risk that a somewhat stronger recovery could delay a return to inflation target
  • While our 2% target is in sight, we have not reached it
  • A timely return to price stability cannot be taken for granted

These have a hawkish tone to them but that’s no surprise coming from the Bundesbank.

This article was written by Adam Button at www.forexlive.com.

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