MINUTES
About Minutes
Back to latest

EconomyOil price becoming increasingly important for ECB, Bundesbank chief says

Bundesbank President Joachim Nagel said on Tuesday that oil prices are becoming an increasingly important indicator for European Central Bank policymakers when setting interest rates, while other factors remain crucial. Markets had increased bets on rate hikes as energy costs rose.

oil pricesEuropean Central Bankinterest ratesBundesbank

RReuters★★★☆☆2026-09-22 22:35Original

Oil price becoming increasingly important for ECB, Bundesbank chief says
Oil price becoming increasingly important for ECB, Bundesbank chief saysEconomy