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Nagel from the Bundesbank: the rise in inflation is not entirely due to temporary factors

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Nagel from the Bundesbank: the rise in inflation is not entirely due to temporary factors

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  • Extremely uncertain inflation outlook
  • Risks are skewed towards higher than expected inflation

It is an assurance that he will keep the German tradition alive in policy discussions. It will be interesting to see how his point of view challenges the rest of the ECB’s policymakers to move forward. At least he’s doing well with Weidmann. Long live the meme:

Nagel from the Bundesbank: the rise in inflation is not entirely due to temporary factors

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