Nagel Says Central Banks Can Do More to Calm Markets
Bundesbank President Joachim Nagel said central bankers can do more to stabilize markets during a G7 meeting. His remarks come as energy prices fuel inflation.
Xurve View
Xurve View
Joachim Nagel, head of the central bank of Germany, said policymakers can take further action to stabilize volatile financial markets. He delivered the remarks as he arrived for a meeting of G7 finance ministers and central bankers in France. Global bond markets face selling pressure from persistent inflation fears tied to rising energy costs from the ongoing Middle East war.
