Breaking Posted 4 days ago

Bundesbank's Nagel Says Prices Will Stay Elevated Post-Conflict

News
Bundesbank President Joachim Nagel told Deutschlandfunk that prices are likely to remain elevated for an extended period even if the war in Iran ends soon, signaling persistent inflationary pressures. This hawkish stance from Germany's central bank chief suggests continued monetary tightening pressure in the eurozone. EUR pairs may strengthen as markets price in sustained ECB policy support against inflation.
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