Central Banks
ECB’s Nagel Says Interest Rates Aren’t Being Cut on Autopilot
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The European Central Bank isn’t lowering interest rates on autopilot, according to Governing Council Joachim Nagel, who declined to predict the outcome of next month’s policy meeting.
It’s “clear that we’re not moving on autopilot,” Nagel said Monday at the Berlin School of Economics. “It’s difficult to speculate” on what will happen in April.