Ecb’s Nagel: June Rate Hike May be Warranted if the Inflation Outlook Does Not Improve

Joachim Nagel, member of the European Central Bank (ECB) and President of the Bundesbank, spoke in Frankfurt am Main, Germany, on Monday.

Joachim Nagel, member of the European Central Bank (ECB) and President of the Bundesbank, spoke in Frankfurt am Main, Germany, on Monday. He said that the longer the Middle East conflict lasts, the greater the risk of high inflation will reimain without ECB intervention.