ECB’s Nagel: Politics with a steady hand required on monetary policy amid tariff turmoil

Source Fxstreet

European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said in a Handelsblatt interview published late Tuesday, “’politics with a steady hand’ is currently required to deal with the uncertainty unleashed by US President Donald Trump's latest tariff threat”

“The effect on prices of both the geopolitical environment and the trade conflict with the United States was ‘extremely uncertain’", he added.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Ethereum Price Forecast: ETF inflows blow past $4 billion as whales accumulate 1.44 million ETH in AugustEthereum (ETH) remained muted near $4,500 on Thursday despite sustained accumulation from institutional investors and whales over the past few days.
Author  FXStreet
Aug 29, Fri
Ethereum (ETH) remained muted near $4,500 on Thursday despite sustained accumulation from institutional investors and whales over the past few days.
placeholder
Cardano Price Forecast: ADA finds support as network growth fuels bullish outlookCardano (ADA) shows signs of recovery, trading around $0.85 on Friday after finding support around its previously broken trendline earlier this week.
Author  FXStreet
Aug 29, Fri
Cardano (ADA) shows signs of recovery, trading around $0.85 on Friday after finding support around its previously broken trendline earlier this week.
placeholder
US core PCE inflation set to rise 2.9% YoY in July amid rising bets of Fed rate cut in SeptemberThe United States Bureau of Economic Analysis (BEA) will publish the Personal Consumption Expenditures (PCE) Price Index data for July on Friday at 12:30 GMT. 
Author  FXStreet
Aug 29, Fri
The United States Bureau of Economic Analysis (BEA) will publish the Personal Consumption Expenditures (PCE) Price Index data for July on Friday at 12:30 GMT. 
placeholder
Solana Price Hits 6-Month High, Unbothered By $432 Million SellingSolana has surged to a six-month high, continuing its strong uptrend in the broader crypto market.
Author  Beincrypto
Aug 29, Fri
Solana has surged to a six-month high, continuing its strong uptrend in the broader crypto market.
placeholder
Forex Today: US Dollar stabilizes ahead of key PCE inflation dataThe US Dollar (USD) finds a foothold early Friday after posting losses for three consecutive days.
Author  FXStreet
Aug 29, Fri
The US Dollar (USD) finds a foothold early Friday after posting losses for three consecutive days.
Related Instrument
goTop
quote