Nagel Says ECB Should Wait for September to Do Second Rate Cut

The European Central Bank should probably wait until September for any subsequent interest-rate cut after it begins reducing borrowing costs in June, Bundesbank President Joachim Nagel said. #press

https://www.bloomberg.com/news/articles/2024-05-24/nagel-says-ecb-should-wait-for-september-to-do-second-rate-cut?utm_source=press.coop

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