ECB’s Nagel: Central bank will act decisively to lower inflation if needed

Price stability remains the European Central Bank (ECB)’s commitment, according to remarks from policymaker and Bundesbank President Joachim Nagel carried by Bloomberg during Friday’s European session.

ECB Inflation Outlook

If necessary, the ECB will act decisively to return inflation to target.

Growth in consumer prices has accelerated again.

Further price increases over the coming weeks cannot be ruled out.

Rising energy costs are a key contributor.


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