ECB’s Nagel: As long as Hormuz is not resolved, the danger of higher inflation rises

Joachim Nagel, President of the Bundesbank and member of the European Central Bank (ECB) spoke in an interview with Bloomberg on Wednesday. He said that questions about the Strait of Hormuz are essential, as we're between the baseline and an adverse scenario.

Apr 16, 2026 0 1

ECB’s Nagel: As long as Hormuz is not resolved, the danger of higher inflation rises

Joachim Nagel, President of the Bundesbank and member of the European Central Bank (ECB) spoke in an interview with Bloomberg on Wednesday. He said that questions about the Strait of Hormuz are essential, as we're between the baseline and an adverse scenario.