Bundesbank chief says ECB has more work to do on inflation
Joachim Nagel said the ECB's fight against inflation is not finished and that policymakers will likely need to do more, according to TradingView.
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what happened
Bundesbank President Joachim Nagel said on Saturday that the European Central Bank has not yet finished its task of bringing inflation down. He said he has the sense that policymakers will probably need to take further steps.
The comment was reported by ru.tradingview.com. It concerns the outlook for ECB policy rather than a specific decision on interest rates.
why it matters
Hawkish remarks from an influential member of the ECB Governing Council can strengthen expectations of a longer pause or further tightening. For markets, this matters when assessing moves in the euro and German bond yields.
market impact
EUR/USD and Bunds: expectations of tighter ECB policy can support the euro and bond yields
tags
instruments
sources
- Bundesbank president says ECB has more to do to fight inflation — ru.tradingview.com, 17 October 2026 at 06:21 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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