ECB Governing Council Member Warns of Inflation Risks, Urges Vigilance on Policy Ahead

Joachim Nagel, a member of the European Central Bank's Governing Council and head of Germany's Bundesbank, warned on Friday at the Rencontres Economiques conference in Aix-en-Provence, France, that the ECB must remain vigilant against inflation risks and maintain all policy options. Nagel reiterated earlier statements from the week, cautioning that officials cannot assume Middle East tensions have fully resolved.
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