ECBs Nagel is speaking on Germany and ECB:
- Expects more recession in Germany
- Believes inflation is not the point anymore.
- Reiterates the importance of central bank independency
- I don’t see many arguments that we should do more here on rates
- The bar for rate cuts aside.
Nagel is more of a hawk traditionally
This article was written by Greg Michalowski at investinglive.com.
