What did ECB's Nagel say about borrowing costs?

Nagel stated that borrowing costs in the euro zone are no longer acting as a drag on economic growth.

What is the current deposit rate according to Nagel?

The current deposit rate stands at 2.25%, which Nagel believes can no longer be described as restrictive.

What caution did Nagel advise regarding monetary policy?

He advised that given the continuing high level of uncertainty, caution should be maintained in monetary policy.

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Home > Headlines > ECB's Nagel calls for caution as rates are no longer a drag

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ECB's Nagel calls for caution as rates are no longer a drag

Published by Global Banking & Finance Review®

Posted on May 22, 2025

1 min read

Last updated: January 23, 2026

ECB's Nagel calls for caution as rates are no longer a drag - Headlines news and analysis from Global Banking & Finance Review

ECB's Nagel calls for caution as rates are no longer a drag

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