ECB’s Nagel: We should take one step at a time and not rush rate cuts

February 25, 2025
-FCHFX

February 25, 2025 at 10:03AM

Inflation outlook is fairly encouraging

Persistent core, services inflation warrant caution

He adds that there is no value in publicly speculating about the rate path. So, there’s that. This doesn’t change what will happen in March though as a rate cut next month is a given at this stage. But this does set the tone for how they might communicate after that.

This article was written by Justin Low at www.forexlive.com.

ECB’s Nagel: We should take one step at a time and not rush rate cuts