ECB has tamed the inflation ‘beast’, policymaker Nagel says
BERLIN/FRANKFURT (Reuters) – The European Central Bank has tamed the “greedy beast” of inflation, ECB policymaker Joachim Nagel said on Tuesday, in a departure from …
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ECB’s Nagel says too early to discuss cutting rates
FRANKFURT (Reuters) – It is too early for the European Central Bank to discuss cutting interest rates because inflation remains high, ECB policymaker Joachim Nagel …
‘Way too early’ to declare victory over inflation, says ECB’s Nagel
NICOSIA (Reuters) – Euro zone inflation will carry on declining in the months ahead but at a slower pace, Bundesbank President Joachim Nagel was quoted …
ECB’s Nagel: inflation trends encouraging but rate cut talk too early
FRANKFURT (Reuters) – Euro zone inflation is going in the right direction but risks are skewed towards more negative outcomes, so a further rate hike …
ECB’s Nagel: rates at peak or close, rules out hard landing
MILAN (Reuters) – Euro zone interest rates are close to their peak in the current cycle or may have already reached it, European Central Bank …
Inflation has peaked in Germany – Bundesbank’s Nagel
MARRAKESH (Reuters) – Inflation in Germany is on a downward trajectory, Bundesbank President Joachim Nagel said on Friday on the sidelines of an International Monetary …
ECB’s Nagel says inflation not falling at desired pace
FRANKFURT (Reuters) – Inflation in the euro zone is not falling “at the desired pace” and it is therefore too early to say whether or …
Mediobanca readies share buyback as CEO Nagel seeks new 3y term
By Gianluca Semeraro MILAN (Reuters) -Italy’s Mediobanca said on Thursday it would buy back its own shares for around 200 million euros ($223 million) in …
ECB needs several more rate hikes, Bundesbank chief Nagel says
FRANKFURT (Reuters) – The European Central Bank will need to raise interest rates “several” more times and then must hold rates steady for some time …
Euro zone inflation could get stuck above target: ECB’s Nagel
WASHINGTON (Reuters) – The European Central Bank needs to keep raising interest rates even if most of its past hikes have yet to feed through …
Core inflation to start improving before summer break – ECB’s Nagel
WASHINGTON (Reuters) – Core inflation rates in the euro zone will begin improving in the coming months, but the European Central Bank still has a …
ECB may need big rates hikes beyond March, steeper QT from July, Nagel says
FRANKFURT (Reuters) – The European Central Bank may need significant rate hikes beyond March and should accelerate the rundown of its oversized bond portfolio to …
ECB’s Nagel, Makhlouf flag interest rate rises beyond March
By Padraic Halpin DUBLIN (Reuters) -European Central Bank policymakers Joachim Nagel and Gabriel Makhlouf said on Wednesday they would not be surprised if interest rate …
ECB’s Nagel pleads with Germans for patience in combating inflation
BERLIN (Reuters) – Bundesbank President Joachim Nagel asked the German public for patience in bringing down inflation, warning in an interview with broadcaster N-TV on …
ECB’s Nagel opens door to smaller hikes but sees long way to go
FRANKFURT (Reuters) – Bundesbank President Joachim Nagel opened the door on Tuesday to smaller interest rate increases by the European Central Bank but said there …
ECB must raise rates decisively; let bonds expire from start of 2023, Nagel says
FRANKFURT (Reuters) – The European Central Bank must continue to raise interest rates decisively and should start letting its oversized holding of government debt expire …
ECB should hike interest rates further to combat inflation, Nagel says
MADRID (Reuters) – The European Central Bank should hike interest further to bring inflation back under control, policymaker Joachim Nagel said on Thursday. “The ECB …
ECB will have to reduce bond holdings in foreseeable future, Nagel says
BERLIN (Reuters) – The European Central Bank will have to reduce its bond holdings in the foreseeable future and the next ECB meetings must send …
ECB must act decisively; recession fears should not constrain policy -Nagel
(Reuters) – The European Central Bank must act decisively to contain inflation, Bundesbank chief Joachim Nagel said on Tuesday, joining a chorus of policymakers calling …
ECB should model new bond scheme on old one, Nagel says
FRANKFURT – The European Central Bank should model its upcoming bond-buying scheme, aimed at capping borrowing costs for Italy and other indebted countries, on the …
ECB doesn’t need spread-fighting tool right now, Nagel says
ELTVILLE AM MAIN, Germany – The European Central Bank does not need at present to come up with a new tool to keep bond spreads …
Kuehne + Nagel results ride demand wave despite stagnant volumes
By Alexander Kloss and Ana CanteroRos (Reuters) -Swiss logistics group Kuehne + Nagel reported on Tuesday a 162% surge in its first-quarter net earnings, citing …
ECB should keep 2022 rate hike on agenda, if inflation warrants it -Nagel
FRANKFURT – The European Central Bank should continue to normalize policy and raise interest rates, possibly as soon as this year, if the inflation outlook …