Interest rates

ECB’s Nagel says interest rates could soon rise

FRANKFURT, April 6 (Reuters) – Inflation in the euro zone is high and the European Central Bank may soon have to raise interest rates, Bundesbank President Joachim Nagel told business magazine ‘plusminus’ on Wednesday. of the ARD television channel.

“What we’re seeing right now suggests savers can expect higher interest rates soon,” Nagel said, according to the show’s transcript.

Reporting by Balazs Koranyi Editing by Chris Reese

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