ECB’s Nagel and the endgame: Near terminal rate, stable for now ...Middle East

View on Terminal Rate:Nagel believes the ECB is close to a level considered as the terminal rate.Uncertain if the ECB will implement further rate increases.Expectation for ECB Rates:He anticipates that the ECB rates will remain stable for some time.There is no concern that the ECB is moving toward a hard landingComments on Inflation:Describes inflation as a "greedy beast."Acknowledges the existence of some risk factors that could potentially trigger inflation.We will get to our 2% inflation target in the end. This article was written by Greg Michalowski at www.forexlive.com.

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