ECB's Nagel: Expects a micro recession in Germany

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ECBs Nagel is talking on Germany and ECB:

  • Expects extra recession in Germany
  • Believes inflation will not be the purpose anymore.
  • Reiterates the significance of central financial institution independency
  • I do not see many arguments that we must always do extra right here on charges
  • The bar for price cuts apart.

Nagel is extra of a hawk historically

This text was written by Emma Wang at investinglive.com.

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