Latest news with #Zinsen
Yahoo
08-06-2025
- Business
- Yahoo
ECB can take time on policy, policymaker Nagel says
FRANKFURT (Reuters) -The European Central Bank can take its time on interest rates with monetary policy now set at a neutral level that is no longer restrictive, ECB policymaker Joachim Nagel said on German radio on Sunday. The ECB cut interest rates on Thursday for the eighth time in a year but signalled at least a policy pause next month after inflation returned to its 2% target. Nagel, who is also the president of Germany's central bank, said rates are now at a neutral level - central-banker language to describe policy that neither expands nor brakes the economy. "We are no longer restrictive. I believe that we can now take the time to look at the situation first. We now have maximum flexibility at this interest rate level," Nagel said in a live interview on Deutschlandfunk radio. The ECB has lowered borrowing costs eight times, or by 2 percentage points since last June, seeking to prop up a euro zone economy that was struggling even before erratic U.S. economic and trade policies dealt it further blows.
Bloomberg
30-05-2025
- Business
- Bloomberg
German Inflation Slows Less Than Expected With ECB Set to Cut
German inflation slowed less than expected, highlighting lingering risks as the European Central Bank prepares to lower interest rates again. Consumer prices rose an annual 2.1% in May, more than the 2% that economists predicted in a Bloomberg survey but lower than April's 2.2% advance. Pressures in the services sector abated, while energy costs continued to fall, the statistics office said.
