Global Economy
ECB's Nagel says a rate hike in December is very likely going to be necessary
ORIGINAL · NewsquawkECB's Nagel says a rate hike in December is very likely going to be necessaryRead originalHide original
We can and must prevent the energy price spike causing broad-based inflation. Inflationary pressures were higher than expected in September; approaching the adverse scenario.
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The headline reports Nagel’s view that a December hike is very likely necessary, while earlier reporting describes an unchanged ECB decision and inflation-related uncertainty.
News detail
We can and must prevent the energy price spike causing broad-based inflation. Inflationary pressures were higher than expected in September; approaching the adverse scenario.
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