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

https://mins.news/en/item/69718

- Reuters, 2026-09-22 22:35 UTC
- Economy
- Original: https://www.reuters.com/business/energy/oil-price-becoming-increasingly-important-ecb-bundesbank-chief-says-2026-09-22/?link_source=ta_bluesky_link&taid=6ab30298118ed10001a24ca3

> 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.

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