ECB's Nagel: Rates of interest are at an excellent stage

• Inflation is not a serious problem.
• We will react flexibly if crucial.
• Tariff uncertainty is decrease however not totally eliminated.

Nagel delivered comparable remarks a few weeks in the past. The gist of it’s that he not sees price cuts as crucial and it’ll take vital unfavorable causes to pressure him to chop additional.

This text was written by Giuseppe Dellamotta at investinglive.com.