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Fundamental Analysis Posted 50 min ago

ECB's Nagel: Core Inflation Still Too High, Not Relaxed

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ECB Governing Council member Nagel signalled continued hawkishness on eurozone core inflation, rejecting any complacency despite recent headline-price moderation. His remarks feed into expectations for the ECB's reaction function on rates; traders now await French and German flash PMI releases tomorrow to gauge demand momentum and inflation persistence across the bloc.
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