"We need to be sure that the latest inflation wave ends," said the head of the German central bank.
(Reporting by Miranda Murray and Matthias Williams, Editing by Friederike Heine)
NIIGATA, Japan, May 12 (Reuters) - The European Central
Bank's latest interest rate hike won't be the last as it needs
to ensure the current wave of inflation comes to an end, said
ECB policymaker Joachim Nagel on Friday.
Speaking on the sidelines of a Group of Seven (G7) meeting
in Japan, Nagel said current data did not indicate that the ECB
should change its thinking on the need for further rate hikes.
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