• ECB’s Nagel: Interest rates must rise further

Noticias del mercado

5 julio 2023

ECB’s Nagel: Interest rates must rise further

European Central Bank (ECB) policymaker and Bundesbank Chief Joachim Nagel said on Wednesday, “interest rates must rise further,” adding that it is “too early to say how far.”

He said further that he is “wary of proclaiming a new era of high-interest rates.”

Market reaction

EUR/USD was last seen trading at 1.0901, up 0.24% on the day.

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