Euro: Nagel backs September hike path – BNY

Euro: Nagel backs September hike path – BNY

Source: EODHD - https://www.fxstreet.com/news/euro-nagel-backs-september-hike-path-bny-202609021155
Published: Sep 02, 2026 7:55 AM

BNY’s Geoff Yu reports that European Central Bank (ECB) Governing Council member Joachim Nagel has strongly signaled a September rate hike as Eurozone inflation stays above target and activity proves resilient.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.