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ECB Ready to Hike Rates Again in July If Necessary, Nagel Says

Bloomberg Markets · Jun 12, 2026, 5:00 AM · Also reported by 3 other sources

The European Central Bank is prepared to raise interest rates for a second straight meeting next month if the shock from the war in the Middle East requires it, according to Governing Council member Joachim Nagel.

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ECB Ready to Hike Rates Again in July If Necessary, Nagel Says

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