- ECB’s Nagel: Rates must stay sufficiently high for sufficiently long
Market news
21 tháng 9 2023
ECB’s Nagel: Rates must stay sufficiently high for sufficiently long
European Central Bank (ECB) policymaker and Bundesbank Chief Joachim Nagel commented on the interest rate outlook during his scheduled appearance on Thursday.
Nagel said that “rates must stay sufficiently high for sufficiently long.”
Market reaction
At the time of writing, EUR/USD is trading near 1.0660, attempting recovery from six-month lows, modestly flat on the day.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page