The ECB's Nagel delivers some bold words

• ECB's job not yet done, bank must be bold and decisive
• Inflation projections contain upside risks, wages may rise more strongly than assumed
• Bank sector resilient, contagion risks to eurozone banks low
• Expansionary fiscal measures risk fuelling inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term further

These are a handful of comments that could blow up in his face in short order. The ECB appears to be emboldened by the seeming success of the 50 bps hike. I wonder if the Fed The Fed "The Fed" is a short-hand that refers to the Federal Reserve or Federal Reserve System, the central banking system of the United States. Traders often discuss the actions of the Fed, primarily interest rate decisions, as they significantly impact all financial markets.The Fed shouldn't be confused or substituted with the term "the Feds" and doing so tells everyone you're a total noob. The term "the Feds" refers to US Federal law enforcement, including such agencies as the FBI (Federal Bureau of "The Fed" is a short-hand that refers to the Federal Reserve or Federal Reserve System, the central banking system of the United States. Traders often discuss the actions of the Fed, primarily interest rate decisions, as they significantly impact all financial markets.The Fed shouldn't be confused or substituted with the term "the Feds" and doing so tells everyone you're a total noob. The term "the Feds" refers to US Federal law enforcement, including such agencies as the FBI (Federal Bureau of Read this Term is going to arrive at the same conclusion and start to put 6% rates back on the table.

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🇪🇺 ECB sources (BBG): vindicated but anonymous. pic.twitter.com/EByvBM5XMA

— Frederik Ducrozet (@fwred) March 22, 2023 " title="">

🇪🇺 ECB sources (BBG): vindicated but anonymous. pic.twitter.com/EByvBM5XMA

— Frederik Ducrozet (@fwred) March 22, 2023