ECB’s Nagel sees few reasons for further rate cuts

Published 22/08/2025, 14:58
ECB’s Nagel sees few reasons for further rate cuts

Investing.com -- European Central Bank policymaker Joachim Nagel indicated on Friday that he sees limited justification for additional interest rate cuts, citing persistent high inflation in the services sector.

"I do not see so many arguments that brings me to the point that we should do more here," the Bundesbank president said during an interview on Bloomberg TV.

Nagel, who heads Germany’s central bank, added that the threshold for implementing further monetary easing measures remains high, suggesting a cautious approach to future rate decisions by the ECB..

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