{
  "id": 19841112,
  "title": "ECB’s Nagel sees another hike as second-round risks mount",
  "url": "https://urgent.news/2026/11/13/ecbs-nagel-sees-another-hike-as-second-round-risks-mount",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T17:04:23.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/ecbs-nagel-sees-another-hike-as-second-round-risks-mount-202611131704"
  },
  "original_language": "en",
  "account": "Joachim Nagel, President of the Bundesbank and a member of the European Central Bank (ECB) Governing Council, indicated that the ECB may need to raise interest rates again due to mounting second-round risks. Nagel spoke at the 79th Siemens Bankers Conference, noting that persistently high inflation and rising short-term inflation expectations increase the likelihood of a second round of policy adjustments. Core inflation remains elevated, and the ECB's outlook has worsened since September. The ECB's primary mandate is to maintain price stability, keeping inflation around 2%, achieved through interest rate adjustments.",
  "summary": "The President of the Bundesbank, Joachim Nagel, who is also a member of the European Central Bank (ECB) Governing Council, hinted that the ECB would need to raise interest rates again.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}