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Top European Central Bank board members see sticky inflation but clear rate path
European Central Bank Governing Council member Joachim Nagel said that while inflation will remain sticky, the current path for interest rates remains clear. Speaking to CNBC’s Karen Tso at the IMF and World Bank annual meetings in Washington on Wednesday, the Deutsche Bundesbank president said: “I do not see any reason to change anything if there is not something new coming, and I do not see where it might come from.” In an exclusive interview, Nagel said global tariff tensions had created a “lose-lose situation for everyone,” but he cited the recent strength of the German economy in particular for ...