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ECB's Nagel: We are not fully convinced that inflation will actually return to the target in a timely and sustained manner
ECB'S NAGEL: WE ARE NOT FULLY CONVINCED THAT INFLATION WILL ACTUALLY RETURN TO THE TARGET IN A TIMELY AND SUSTAINED MANNER.
— FinancialJuice (@financialjuice) April 24, 2024
Added at 3:12am
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ECB'S NAGEL: A JUNE RATE CUT IS NOT NECESSARILY FOLLOWED BY A SERIES OF RATE CUTS
— FinancialJuice (@financialjuice) April 24, 2024
Added at 3:12am
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ECB'S NAGEL: SERVICES INFLATION REMAINS HIGH AND DRIVEN BY CONTINUED STRONG WAGE GROWTH.
— FinancialJuice (@financialjuice) April 24, 2024
Added at 3:13am
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ECB'S NAGEL: WE CANNOT PRE-COMMIT TO A PARTICULAR RATE PATH.
— FinancialJuice (@financialjuice) April 24, 2024
Added at 3:13am
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ECB'S NAGEL: IN FAVOUR OF A JUNE RATE CUT IF DATA SHOWS A RETURN TO 2%
— FinancialJuice (@financialjuice) April 24, 2024