ECB Governing Council member Nagel: Will act decisively if necessary to bring inflation back to the 2% target.

Zhitong Finance APP has learned that Bundesbank President and ECB Governing Council member Joachim Nagel stated that the European Central Bank will take decisive action when necessary to bring inflation back to its target level. He said on Friday that consumer price growth has picked up again, and it cannot be ruled out that prices will continue to rise in the coming weeks, with rising energy costs being the main driving factor.