16 Oct 2025 | 5 Mins Read

European Central Bank sees sticky inflation, clear rate path

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European Central Bank Governing Council member Joachim Nagel said interest rates will remain on current path due to sticky inflation, citing no reason to change unless new information arises. The Deutsche Bundesbank president expresses optimism over the German economy, with revised growth forecasts and Goldman Sachs predicting expansion of 1.4% in 2026 and 1.8% in 2027.