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ECB's Nagel: June rate hike is not precautionary, options remain for July and September.

2026-07-01 15:49:36

According to Golden Finance, on July 1, ECB Governing Council member Nagel said that the June move was never a preventive rate hike; inflation will remain high this year, and high inflation could lead to second-round effects; he will keep multiple options open for the decisions in July and September.

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