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ECB's Nagel: The inflation numbers I've seen recently are encouraging

ECB's Nagel: The inflation numbers I've seen recently are encouraging

Central Banks
Adam Button
28/03/2025 | 14:14 GMT
  • Rate cut increasingly likely in April
ECB's Nagel
ECB's Nagel
  • The last mile will be about prudence

The next ECB meeting is April 17 and the market is pricing in an 88% chance of a rate cut. Nagel is a hawk so I take this as a green light to take that pricing up to 100%. June though is 50/50.

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