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Dimantyay03
@dimantyay03
💬ECB Remains Flexible on Interest Rates, Nagel Tells CNBC 📉European Central Bank Governing Council member Joachim Nagel stated that the ECB keeps all options open regarding future interest-rate moves, avoiding speculation on whether a larger cut might be necessary. 📌Key Points: — Nagel emphasized that decisions will be based on new data and avoided making predictions on rate adjustments. — He reaffirmed that the ECB is “on track” to bring inflation back to the 2% target. — The ongoing tariff discussions between the US and the EU are unhelpful and cause harm globally. 🔍The ECB’s flexible approach to responding to economic data could have significant implications for financial markets, especially amid uncertainty surrounding Germany’s economic outlook. #ECB #Economy #Inflation #InterestRates #JoachimNagel #DegenClub
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