ECB's Nagel says policy must be more stubborn than inflation is, sees no recession coming

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Eamonn Sheridan

24/08/2023 | 22:42 GMT

Germany's Bundesbank President (and ECB Governing Council member) Nagel speaking in a TV interview.

European labour market is strong
much too early to think about a rate-hike pause
ECB must be stubborn on policy, more stubborn than inflation is

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