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ECB Keeps Key Rates Unchanged on July 24; Nagel Eyes Fresh Data for September Review

2026-07-24 05:19:03

According to Jin10 data, on July 24, European Central Bank Governing Council member and Bundesbank President Nagel stated that the ECB's decision to maintain key rates unchanged is the correct choice. He noted that the June interest rate increase has positioned the ECB favorably to monitor developments closely. Nagel added that the central bank will have access to substantial new data and forecasts by September, when it will reassess inflation outlook and discuss the next policy steps, emphasizing the ECB's principle of avoiding pre-commitments.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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