ECB Can Cut Rates If Data Confirm Economic Forecast, Nagel Says
(Bloomberg) -- The European Central Bank can envisage reducing borrowing costs if new forecasts and fresh data confirm consumer-price growth is headed back to 2%, Governing Council member Joachim Nagel said.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020Trump Has Only $6.8 Million for Legal Fees With Trial UnderwayZimbabwe’s ZiG Wipes Out 330% Stocks RallyElon Musk’s Robotaxi Dreams Plunge Tesla Into