6 articles
Bundesbank President Joachim Nagel warns Germany's slow natural gas inventory buildup poses significant inflation risks, with storage levels at 59%, the lowest since 2009, amid rising energy costs dri
Bundesbank President Joachim Nagel stated Eurozone inflation remains high despite energy costs not yet impacting wages. He warned that low gas storage, refining capacity loss, and fertiliser shortages
ECB Governing Council member Joachim Nagel urged monetary flexibility citing geopolitical risks impacting oil and gas prices via the Strait of Hormuz. He noted that while the euro area economy remains
Bundesbank President Joachim Nagel stated oil prices are increasingly critical for ECB interest rate decisions as energy costs peak near severe scenarios. Policymakers weigh inflation risks against la
ECB official Joachim Nagel warns that persistent energy supply shocks from the Middle East conflict may force rate hikes as oil and gas costs drive inflation beyond 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.
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