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Further European Rate Hikes 'Very Much Dependent' on Energy Costs, Bundesbank Chief Said

Summary by CNBC
Joachim Nagel told CNBC that a potential move in rates into restrictive territory was "very much dependent on how the energy prices evolve."

4 Articles

(Teleborsa) - The ECB may have to bring further interest rates towards a moderately restrictive territory, if the increase in energy related to the war were to continue. It has declared the...

"It depends largely on how energy prices evolve, how the price picture develops over the course of, perhaps, the next month," he said.

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BizToc broke the news on Friday, September 11, 2026.
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