Abstract:Inflation in the euro zone is high and the European Central Bank may soon need to raise interest rates as a result.

Inflation in the euro zone is high and the European Central Bank may soon need to raise interest rates as a result, Bundesbank President Joachim Nagel told broadcaster ARD's “plusminus” business magazine on Wednesday.
“What we are seeing at the moment suggests that savers may soon be able to look forward to higher interest rates again,” Nagel said, according to the transcript of the broadcast. Please download WikiFX for more forex news.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.