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Notizie economiche
23.02.2024

ECB's Governing Council member Nagel: It is better to ease monetary policy in a gradual manner

The European Central Bank's Governing Council member Joachim Nagel told Bloomberg TV on Friday that he thinks that it is better to ease monetary policy in a gradual manner, adding that a gradual approach has a better outcome.

The official also noted that he is more comfortable with markets' current ECB rate reduction expectations, pricing in the beginning of the rate-cutting cycle in June.

In addition, Nagel said that the ECB should act on the euro zone's data, not steps by other central banks.

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