Challenges for monetary policy
3 July 2023 · Joachim Nagel , President of the Deutsche Bundesbank (Germany)
Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates , inflation and price stability , technology, ai and cyber risk
JN 3 Jul 2023 · Joachim Nagel Wiki · Deutsche Bundesbank Wiki Challenges for monetary policy Context Introductory remarks by Joachim Nagel, President of the Deutsche Bundesbank, at the Frankfurt Euro Finance Summit, Frankfurt am Main, 3 July 2023.
Why it matters Nagel warns that inflation could stay above target until 2025.
Problems raised Inflation will stay above target until 2025. Monetary policy faces difficult choices. Rates may need to rise further. Solutions proposed Follow a data-dependent approach. Raise rates further if needed. Stay committed to the 2% target. Read full speech on bis.org ↗ More from Joachim Nagel · Deutsche Bundesbank · all speeches
More speeches by Joachim Nagel Other leaders on monetary policy and interest rates
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