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The fight against inflation is far from over, warns Joachim Nagel of the European Central Bank (ECB), highlighting the persistent upside inflation risks. ECB President Lagarde and ECB's Wunsch reinforce the need for a tight monetary policy and restrictive interest rates. Changes to PEPP will be approached with caution, according to Wunsch. Bank of England's Pill also acknowledges the ongoing work on inflation, indicating a shared concern among central banks.
Bank of England has some work to do still on inflation, Pill says https://t.co/oWFQZQbGWG https://t.co/UJphqU95Jg
💡 Exclusive: ECB’s Wunsch: ‘We Don’t Want to Rock the Boat’; Assume We’ll Be Cautious in Changing PEPP - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/WMA6YlJGU9
💡 ECB’s Nagel: 'Monetary Policy Will Have to Be Kept Tight for a While' - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/pIrxN0ZmdU
💡 ECB’s Nagel: 'Monetary Policy Will Have to Be Kept Tight for a While' - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/pIrxN0ZmdU
💡 ECB’s Lagarde: ECB Interest Rates to Stay Restrictive as Long as Necessary - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/Jlf8RmzOgG
The European Central Bank can’t declare that its fight against inflation is over just yet, according to Governing Council member Joachim Nagel https://t.co/KXaRdu7pR3
ECB’s Nagel Says Upside Inflation Risks Still ‘Pretty Present’ https://t.co/oFDl67KutK
🔴 ECB'S NAGEL: POLICY IS TO REMAIN RESTRICTIVE FOR THE FORESEEABLE FUTURE.