ECB's Nagel sees more rate cuts as inflation outlook encouraging

The European Central Bank has room to cut interest rates further if inflation eases to its 2% goal this year as expected, ECB policymaker Joachim Nagel said on Tuesday, adding the outlook for prices was "encouraging".

Feb 25, 2025 - 16:44
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ECB's Nagel sees more rate cuts as inflation outlook encouraging
The European Central Bank has room to cut interest rates further if inflation eases to its 2% goal this year as expected, ECB policymaker Joachim Nagel said on Tuesday, adding the outlook for prices was "encouraging".