
ECB’s Nagel: Hiking Won’t End in March; Don’t Expect Rate Cuts Soon
By Xavier D’Arcy – FRANKFURT (Econostream) – Governing Council member Joachim Nagel pushed back on Tuesday against suggestions that the European Central Bank’s hiking cycle could end after its pre-announced 50bp hike in March, and dismissed the possibility of rate cuts anytime soon.
7 February 2023