ECB Keeps Options Open for July Meeting, Nagel Says
Bundesbank President Nagel stated the ECB will keep options open for July, ready to act if Iran-war-induced energy price surges spread, as inflation exceeds targets.
reuters · 2026-06-11 22:06
2 articles
Bundesbank President Nagel stated the ECB will keep options open for July, ready to act if Iran-war-induced energy price surges spread, as inflation exceeds targets.
Bundesbank President Joachim Nagel stated the ECB could raise rates in June if inflation remains high, noting oil prices above $110/barrel and geopolitical conflicts as drivers.