ECB's Nagel remains cautious on next rate move
Source Fxstreet
Bundesbank President Joachim Nagel struck a measured tone on the path ahead for interest rates, saying it remains too soon to decide on a further cut next month.
Key Quotes
- It's too early to say if the ECB will cut rates again next month.
- The euro area's 2% inflation target is within reach.
- Inflation could be higher or lower than previously seen.
- Forecasts are based on less solid ground than usual.
- I'm keeping a close eye on inflation expectations.
- Germany saw a lot of trade frontloading in Q1.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
BNB price is consolidating above the $640 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $640 support
The EUR/USD pair ticks higher at the start of a new week amid a softer US Dollar (USD), though it lacks bullish conviction and remains below the 1.1200 round figure through the Asian session.
Solana started a fresh increase from the $165 zone. SOL price is now gaining pace and might aim for more gains above the $180 zone. SOL price started a fresh increase above the $170 level against the
XRP price started a consolidation phase above the $2.250 zone. The price is now rising and might aim for an upside break above $2.350. XRP price started a decent increase above the $2.30 zone. The
EUR/USD gathers strength to near 1.1400 as Trump delays EU tariffsThe EUR/USD pair trades in positive territory near 1.1395 during the Asian trading hours on Tuesday. The Euro (EUR) edges higher to the highest since late April against the US Dollar (USD) after US President Donald Trump delayed the imposition of 50% tariffs on Europe.
The EUR/USD pair trades in positive territory near 1.1395 during the Asian trading hours on Tuesday. The Euro (EUR) edges higher to the highest since late April against the US Dollar (USD) after US President Donald Trump delayed the imposition of 50% tariffs on Europe.
Related Instrument
