ECB's Nagel says a December rate hike is likely
ORIGINAL · NewsquawkECB's Nagel says a December rate hike is likelyRead originalHide original
France must look at its fiscal challenges We'll do what's needed to return inflation to 2% Does not see a risk of fiscal dominance Market expectations are important but not the driving factor Drop in energy prices since the US midterms is good news It is rather obvious that we have to increase rates in December
Nagel said a December rate increase was obvious and that the ECB would do what was needed to return inflation to 2%; the brief also lists fiscal, market and energy comments.
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France must look at its fiscal challenges We'll do what's needed to return inflation to 2% Does not see a risk of fiscal dominance Market expectations are important but not the driving factor Drop in energy prices since the US midterms is good news It is rather obvious that we have to increase rates in December
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