'Way too early' to declare victory over inflation, says ECB's Nagel

‘Way too early’ to declare victory over inflation, says ECB’s Nagel By Reuters – Canada Boosts

© Reuters. Joachim Nagel, President of Germany’s federal reserve Bundesbank addresses the media through the financial institution’s annual information convention in Frankfurt, Germany March 1, 2023. REUTERS/Kai Pfaffenbach/File Photograph NICOSIA (Reuters) – Euro zone inflation will stick with it declining within the months forward however at a slower tempo, Bundesbank President Joachim Nagel was quoted…

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ECB's Panetta warns of risk of economic damage from high interest rates

ECB’s Panetta warns of risk of economic damage from high interest rates By Reuters – Canada Boosts

© Reuters. Newly appointed Governor of the Financial institution of Italy, Fabio Panetta appears on as he attends a banking convention in Rome, Italy November 30, 2023. REUTERS/Remo Casilli/File Picture ROME (Reuters) – The European Central Financial institution (ECB) must be cautious to not trigger “unnecessary damage” to the financial system and monetary stability via…

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ECB's Nagel calls for cut in interest paid on bank reserves

ECB’s Nagel calls for cut in interest paid on bank reserves By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Joachim Nagel, Bundesbank president and European Central Financial institution policymaker, prepares for an interview on the Jackson Lake Lodge in Jackson Gap, Wyoming, the place the Kansas Metropolis Fed holds its annual financial symposium, August 24, 2023. REUTERS/An FRANKFURT (Reuters) – The European Central Financial institution ought to scale back the…

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German Chancellor Scholz backs ECB's inflation stance

German Chancellor Scholz backs ECB’s inflation stance By Reuters – Canada Boosts

© Reuters. German Chancellor Olaf Scholz attends a press convention with Greek Prime Minister Kyriakos Mitsotakis on the Chancellery in Berlin, Germany, November 14, 2023. REUTERS/Fabrizio Bensch/File photograph BERLIN (Reuters) – German Chancellor Olaf Scholz backed the European Central Financial institution’s vigilant stance on inflation on Tuesday, saying that tackling worth will increase was among…

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