Nagel: ECB Rate Hike in December Looks ‘Rather Obvious’

Joachim Nagel, a member of the European Central Bank's Governing Council, said in an interview with Bloomberg Television on Tuesday that there is a strong case for raising interest rates in December. Nagel stated that inflation is "too high." The remarks were made during an interview in Riga.

• Bloomberg — Nagel: ECB Rate Hike in December Looks ‘Rather Obvious’

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