ECB's Nagel: Further significant rate hikes beyond March may be needed – by eren_fxstreet ECB CentralBanks
"Rate cut talk non-starter until sufficient evidence of underlying inflation drop towards targets.""German inflation to average between 6% and 7% in 2023; rate could be well above 2% in both 2024 and 2025."forecastMarket reaction
EUR/USD preserves its bullish momentum after these comments and was last seen rising 0.72% on the day at 1.0652.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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