- ECB's Nagel: Policy normalisation must continue
Notícias do Mercado
22 julho 2022
ECB's Nagel: Policy normalisation must continue
The European Central Bank's policy normalization must continue, European Central Bank (ECB) Governing Council member and German central bank head Joachim Nagel said on Friday.
"I am confident that the ECB's Transmission Protection Instrument (TPI) would withstand legal challenges," Nagel added.
Market reaction
These comments don't seem to be having a noticeable impact on the shared currency's performance against its major rivals. As of writing, the EUR/USD pair was trading at 1.0223, where it was down 0.05% on a daily basis. Meanwhile, the pair remains on track to snap a three-week losing streak.
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