
European Central Bank Governing Council member Nagel: Interest rates are at a "very good level," and the central bank can act flexibly

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European Central Bank Governing Council member Nagel stated that the current borrowing costs in the Eurozone are sufficient to cope with trade resistance, and the central bank can respond flexibly to economic changes. He pointed out that key interest rates are at an ideal level, and inflation is no longer a significant challenge. The market expects that the European Central Bank may not lower interest rates again in the short term, although some central bank governors are cautious about future interest rate decisions. Nagel also warned that the increase in U.S. tariffs could bring harm
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