{"id":19350,"date":"2025-09-13T04:31:09","date_gmt":"2025-09-13T04:31:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/19350\/"},"modified":"2025-09-13T04:31:09","modified_gmt":"2025-09-13T04:31:09","slug":"ecbs-nagel-says-further-rate-cuts-would-threaten-price-stability","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/19350\/","title":{"rendered":"ECB&#8217;s Nagel says further rate cuts would threaten price stability"},"content":{"rendered":"<p>(Reuters) -Further interest rate cuts could jeopardise hard-won price stability as the euro zone economy is already set for a boost from rising German public spending, ECB policymaker Joachim Nagel said in an interview published on Friday.<\/p>\n<p>\n              The European Central Bank (ECB) left interest rates unchanged on Thursday, as expected, and maintained an upbeat view on growth and inflation, dampening expectations for any further cuts in borrowing\u00a0costs.<\/p>\n<p>\n              &#8220;We have decided to leave our key interest rates unchanged in the current situation because the latest forecasts indicate that inflation is roughly in line with our medium-term objective,&#8221; Nagel, who is also the President of Germany&#8217;s Bundesbank, told Italian daily Il Sole 24 Ore.<\/p>\n<p>\n              &#8220;Further interest rate cuts could jeopardize this objective,&#8221; he added.<\/p>\n<p>\n              Nagel said increased spending in Germany on defence and infrastructure were already acting as a stimulus for the euro zone economy. &#8220;This is having an impact throughout Europe,&#8221; he said. <\/p>\n<p> (Reporting by Romolo Tosiani in Gdansk, editing by Alvise Armellini)<\/p>\n","protected":false},"excerpt":{"rendered":"(Reuters) -Further interest rate cuts could jeopardise hard-won price stability as the euro zone economy is already set&hellip;\n","protected":false},"author":2,"featured_media":19351,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,220,111,139,69],"class_list":["post-19350","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-markets","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/19350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=19350"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/19350\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/19351"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=19350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=19350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=19350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}