ECB Determined on Inflation Fight With Markets in View, Nagel Says
- Banks are resilient with strong capital, liquidity positions
- Quantitative tightening can be accelerated from the summer
Joachim Nagel
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
The European Central Bank is determined to continue fighting inflation while also standing ready to respond to any potential stress in markets, according to Bundesbank President Joachim Nagel.
The latest turmoil around banks has highlighted the importance of financial stability, Nagel said in a speech in Karlsruhe, Germany. He called Europe’s banking system strong, saying it can lean on the ECB and national central banks for support if needed.