German central bank chief says inflation still too high for ECB pivot

NAMPA / DPA

2026-07-01

Frankfurt (dpa) - The president of the German central bank, Joachim Nagel, has urged the European Central Bank (ECB) not to change its strategy despite falling oil prices and some easing in inflation. "Inflation is still too high," the Frankfurter Allgemeine Zeitung cited Nagel as saying on Wednesday. In June, the ECB raised key interest rates for the first time in nearly three years to combat the sharp rise in eurozone inflation sparked by skyr......

Restricted content

Economy

German central bank chief says inflation still too high for ECB pivot

2026-07-01 13:00:47

German fuel costs jump after expiry of rebate

2026-07-01 12:30:23

Microsoft plans fourth data centre in western Germany

2026-07-01 12:30:23

China manufacturing growth remains strong

2026-07-01 11:00:21

Renewables hit record share of German electricity use in H1 2026

2026-07-01 08:02:36

BayWa extends turnaround plan to 2030 as restructuring drags on

2026-07-01 02:30:30

UK trade secretary hosts Chinese delegation in bid to boost services

2026-07-01 00:00:30

Mercosur launches trade talks with Japan after landmark EU deal

2026-06-30 22:30:08

European stocks close on firm note on positive regional economic data

2026-06-30 20:00:28

Slovenian inflation remains stable at 3.6%

2026-06-30 19:30:44

Portuguese inflation eases to 3.2% in June

2026-06-30 19:30:44

Latest NAMPA photos

OPUWO, 30 June 2026- Kunene Governor Vipuakuje Muharukua during the State of the Region Address (SORA) in Opuwo on Monday. (Photo: Kaviveterue Virere) NAMPA

NAMPA

WINDHOEK, 26 June 2026 - Namibia Dairies team collecting their award. (Photo:Contributed)

NAMPA

RUNDU, 30 June 2026 - Public Enterprise Forum Spokesperson Patty Karauihe- Martin speaking during a media briefing on the preparations of the State Owned Enterprises Games at Rundu on Monday. (Photo by: Sawi Hausiku) NAMPA

NAMPA

WINDHOEK, 30 June 2026 - Telecom Namibia has appointed Armando Perny as Acting Chief Executive Officer for one month from 1 July 2026, following the resignation of former CEO Stanley Shanapinda. (Photo contributed) NAMPA

NAMPA

OTJIWARONGO, 29 June 2026 - Otjozondjupa Chief Regional Officer, Gerson Karaerua speaking at the 2026 State of the Region Address (SORA) at Otjiwarongo on Monday. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA

OTJIWARONGO, 29 June 2026 - The Otjozondjupa Chief Regional Officer, Gerson Karaerua speaks at the 2026 State of the Region Address (SORA) at Otjiwarongo's Otjozondjupa Regional Council chambers during a special council meeting on Monday morning. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA

OTJIWARONGO, 29 June 2026 - The Otjozondjupa Governor, John ||Khamuseb delivers his 2026 second State of the Region Address (SORA) at Otjiwarongo's Otjozondjupa Regional Council chambers during a special council meeting on Monday morning. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA