ECB's Nagel: After a June cut, ECB will probably have to wait until September for next move
Source Fxstreet
European Central Bank (ECB) Governing Council Member Dr. Joachim Nagel noted on Friday that a wait-and-see period before a follow-up rate trim would likely follow an early rate cut from the ECB.
Key highlights
The wage uptick wasn't a surprise.
The wage uptick is linked to high inflation rates of the past.
Core and headline inflation are both decelerating.
The ECB can probably cut rates in June.
There is no autopilot on rate cuts.
After June, we will probably have to wait on the next move until September.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
Silver Price Forecast: XAG/USD rises to near $78.00 on safe-haven demandSilver price (XAG/USD) extends its gains for the second successive session, trading around $78.00 per troy ounce during the Asian hours on Thursday. The precious metal Silver receives support from rising safe-haven demand amid persistent tensions between the United States (US) and Iran.
Silver price (XAG/USD) extends its gains for the second successive session, trading around $78.00 per troy ounce during the Asian hours on Thursday. The precious metal Silver receives support from rising safe-haven demand amid persistent tensions between the United States (US) and Iran.
Gold price (XAU/USD) holds positive ground near $5,000 during the early Asian session on Friday. The precious metal edges higher as escalating tensions between the United States (US) and Iran boost safe-haven demand.
West Texas Intermediate (WTI) US Crude Oil prices reverse a modest Asian session dip to sub-$66.00 levels and climb back closer to the highest level since August 4, touched earlier this Friday.
