ECB’s Nagel: A ‘Steady Hand’ is Required in Monetary Policy

By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Tuesday urged a stable approach to the ECB’s monetary policymaking.

In an interview with German financial daily Handelsblatt, Nagel, who heads the Deutsche Bundesbank, said that ‘policy with a steady hand’ was required.

The impact of geopolitics and trade tensions on inflation was ‘extremely uncertain’, he said.

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