ECB's Nagel cautions against too hasty action on rates
The European Central Bank should not be too hasty in adjusting policy, Bundesbank President Joachim Nagel said on Saturday after some of his colleagues made the case in recent days for faster and deeper rate cuts.
ECB Shouldn’t Rush With Interest-Rate Cuts, Nagel Says
The European Central Bank shouldn’t hurry too much to lower borrowing costs but remain flexible, according to Governing Council member Joachim Nagel.
ECB Says Consumer Inflation Expectations Kept Falling Last Month
Inflation expectations of consumers in the euro zone continued declining in September, according to the European Central Bank — giving policymakers further confidence that they may reach their target sooner than previously thought.
ECB shouldn't be hasty in calling off inflation fight - Nagel
The European Central Bank shouldn't be "too hasty" in calling off its fight against inflation even after a low reading in September, and should focus on incoming data instead, ECB policymaker Joachim Nagel said on Thursday.
Euro Could Fall Further as ECB Is Likely to Cut Rates More Than Fed
The euro, which hit a 16-week low against the dollar on Wednesday, is likely to fall further after a number of ECB rate-setters suggested the pace of interest-rate cuts could increase, Swissquote Bank said.
Nagel Says ECB 'Shouldn't Be Too Hasty' Cutting Rates
European Central Bank Governing Council member and Bundesbank President Joachim Nagel discusses global geopolitical risks, ECB monetary policy and the outlook for the German economy with Lisa Abramowicz on "Bloomberg Surveillance.
ECB should keep open mind on next rate cut, Knot says
The European Central Bank should keep its options open regarding future interest rate moves, Dutch central bank chief and ECB Governing Council member Klaas Knot said on Saturday, pushing back against market bets that a December cut is a done deal.
ECB May Reach 2% Price Goal Earlier Than Anticipated, Nagel Says
Euro-area inflation may slow to the European Central Bank’s inflation target earlier than anticipated, according to ...
U.S. News & World Report5d
ECB Needs Clearer Communication - but Not Dot Plots, Nagel Says
"This could potentially influence the Governing Council's independence," Nagel said. Instead, the ECB should refine its current signalling tools and use the upcoming review for this, Nagel ...
think2d
FX Daily: The dollar’s rally may only be on pause
The dollar lost some ground yesterday on a correction lower in Treasury yields, but upside risks from the US election persist ...
Bloomberg L.P.18d
ECB’s Nagel Fears Slower Growth, Faster Inflation If Trump Wins
Europe’s economy could face significantly less growth and more inflation, should Donald Trump win re-election as US president, European Central Bank Governing Council member Joachim Nagel warned.
ECB hawks push back against bets on more and bigger cuts
Three European Central Bank officials tried to cool market speculation on bigger interest rate cuts on Thursday, urging the ...
MNI4d
MNI BRIEF: No ECB Dot Plots, But Comms Can Improve - Nagel
There is no “compelling case” for the European Central Bank to introduce Federal Reserve-style ‘dot plots’, Bundesbank chair ...
Yahoo Finance19d
ECB’s Nagel Says He’s Open to Consider October Rate Cut
Nagel is considered one of the most hawkish members of the ECB Governing Council, so his willingness to discuss about a move at the Oct. 16-17 policy gathering makes a reduction in borrowing costs ...