▶

ECB Between Baseline and Adverse Outcomes, Says Nagel

The European Central Bank is facing a pivotal decision at the end of the month--inflation risks are building daily as the Iran conflict drives energy prices higher. Joachim Nagel, Bundesbank president and governing council member of the European Central Bank, says the ECB is between a baseline and an adverse scenario. He speaks with Bloomberg's Francine Lacqua on the sidelines of the IMF Spring meetings in Washington. (Source: Bloomberg)