Global EconomyIMPORTANTJuly 15 at 03:09 AM

ECB's Nagel says from a monetary policy perspective, it remains advisable to react with caution but to act decisively if needed; monetary policy will maintain its vigilant stance

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ECB's Nagel advocates for cautious yet decisive monetary policy amid high inflation projections through 2027 and heightened uncertainty from Middle East geopolitical tensions affecting energy prices.

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From a geopolitical point, past few weeks has been a theme of hopes and disappointments.

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ECB's Nagel says from a monetary policy perspective, it remains advisable to react with caution but to act decisively if needed; monetary policy will maintain its vigilant stance

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What do investors think?

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