Nagel signals ECB flexibility on rate hikes amid Middle East tensions. No change in rates after July 2026 meeting at 79.5% YES.

Joachim Nagel, president of Germany’s Bundesbank, spoke to CNBC on the sidelines of an ECB conference in Portugal.

Nagel warns inflation remains too high due to energy shocks. Fed rate hike in 2026 at 55% YES.

Nagel signals ECB flexibility on rate hikes amid Middle East tensions. No change in rates after July 2026 meeting at 79.5% YES.