{"id":289847,"date":"2026-02-10T03:49:09","date_gmt":"2026-02-10T03:49:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/289847\/"},"modified":"2026-02-10T03:49:09","modified_gmt":"2026-02-10T03:49:09","slug":"ecb-unlikely-to-react-to-a-temporary-dip-below-2-inflation-nagel","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/289847\/","title":{"rendered":"ECB unlikely to react to a temporary dip below 2% inflation &#8211; Nagel"},"content":{"rendered":"<p data-v-4026719d=\"\">Bundesbank President Joachim Nagel indicated that the ECB will likely overlook a temporary dip in inflation below its 2% target, citing forecasts that suggest a medium-term recovery. Despite Eurozone inflation falling to 1.7% in January, the central bank remains steady on its 2% key rate. This stance is bolstered by resilient core inflation and wage growth, which are expected to offset the impact of volatile energy prices and a strengthening euro.<\/p>\n<p data-v-4026719d=\"\">Other comments: <\/p>\n<p>Update of Dec 2025 projections confirms inflation outlookWe will take action when medium-term inflation deviates substantially, and noticeably from 2%Inflation shortfall is short-term and smallRisks to inflation are currently roughly balancedCurrent interest rates are still appropriate<\/p>\n<p data-v-4026719d=\"\">The market sees only a 20% chance of any rate cuts this year.<\/p>\n","protected":false},"excerpt":{"rendered":"Bundesbank President Joachim Nagel indicated that the ECB will likely overlook a temporary dip in inflation below its&hellip;\n","protected":false},"author":2,"featured_media":289848,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-289847","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/289847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=289847"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/289847\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/289848"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=289847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=289847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=289847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}