ECB's Nagel optimistic that monetary policy having an impact

Kitco Media
By Reuters
Published:
Updated:
Reuters
BERLIN, May 10 (Reuters) - European Central Bank policymaker Joachim Nagel is optimistic that monetary policy is curbing inflation, he told Germany's Deutschlandfunk radio on Wednesday. Nagel, head of the German central bank, said he did not share fears over the stability of German banks as a result of banking sector turmoil in the United States. "German banks are in a fundamentally solid position," Nagel told Deutschlandfunk. (Reporting by Friederike Heine, Editing by Miranda Murray)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.