Monday, February 9, 2026 at 4:39 PM
Bundesbank President Joachim Nagel stated that a temporary decline in inflation is unlikely to lead to any action from the European Central Bank, emphasizing that current rates are appropriate despite the dip in inflation.
A weaker dollar and increased imports of lower-priced goods could push inflation even lower than expected, persuading the European Central Bank to cut interest rates.
Kansas City Fed President Jeffrey Schmid reaffirmed his resistance to further interest-rate cuts, arguing that further Fed easing would risk allowing inflation to remain too high.
Huw Pill said inflation can be squeezed out of the economy without a rise in borrowing costs.
Federal Reserve governor Stephen Miran said the dollar would need to register a steeper fall than it already has to affect inflation, and that he does not view the dollar’s weakness as having material consequences on monetary policy so far.
