The full interview with Joachim Nagel, President of the Bundesbank granted exclusively to Il Sole 24 Ore for Italy and to the Frankfurter Allgemeine Zeitung for Germany
Following the ECB’s latest decision, what’s the path ahead now for interest rates?
In these uncertain times, we are not going to change our winning formula: We are not pre-committing to a particular rate path but look at the incoming data including, of course, the outlook for inflation, and make a decision on that basis at the respective monetary policy meeting.
