Joachim Nagel
Photo: Leonhard Lenz, CC BY 4.0 (Wikimedia Commons, cropped)
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- Oct 16
G7 finance ministers agree to run AI cyberattack drills on banks
G7 finance ministers agreed to run simulation exercises on AI-enabled cyberattacks against financial institutions, Japan's finance minister said in Bangkok on Thursday, 15 October, days after an IMF warning about the sector.
- Oct 9
ECB policymakers dampen rate hike bets as Schnabel successor race opens
Euro zone finance ministers opened the process to replace Isabel Schnabel, who leaves the ECB on January 3, 2027, while several ECB policymakers said they are in no rush to raise rates again.
- Oct 5
ECB Policymakers Back Measured Rate Approach as Eurozone Inflation Climbs to 3.8%
European Central Bank officials Philip Lane and Joachim Nagel indicated on Monday that rate setters will take a cautious approach despite headline inflation rising to 3.8% in September.
- Sep 24
Stocks slide and Brent reaches $102 as markets price another Fed rate hike
Equities in the United States and Germany declined on Wednesday as Brent crude climbed near $103 per barrel and Federal Reserve officials indicated borrowing costs may rise again in October.
- Jun 16
US and Iran agree on framework to end war and reopen Strait of Hormuz, boosting markets
A framework agreement between the United States and Iran to end the months-long war and reopen the Strait of Hormuz sent oil prices down 5% and lifted global stock markets on Monday, though economists cautioned that the economic damage would take time to heal.
- May 29
German inflation unexpectedly drops to 2.6% in May as fuel discount takes effect, but ECB rate hike looms
Germany's annual inflation rate fell to 2.6% in May from 2.9% in April, defying economist expectations, as a temporary fuel tax cut and lower crude oil prices eased pressure on consumers.
