RSS ECB's Nagel calls for a more cautious approach to rate cuts

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 RSS ECB's Nagel calls for a more cautious approach to rate cuts

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  • There remains a high level of uncertainty on the inflation outlook
  • We should not rush into anything on the path to monetary policy normalisation
  • No issues with discussing a bigger rate cut in December, "that's part of it"

From a German standpoint, you can understand the angle he is trying to work with his comments above. His concerns are also perhaps a warning hint with Trump tariffs set to come into the picture soon enough.

This article was written by Justin Low at www.forexlive.com.
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