{"id":68916,"date":"2022-07-22T20:37:00","date_gmt":"2022-07-22T16:37:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=68916"},"modified":"2022-07-22T21:10:23","modified_gmt":"2022-07-22T17:10:23","slug":"joachim-nagel-ecbs-policy-normalization-must-continue","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/joachim-nagel-ecbs-policy-normalization-must-continue\/07\/22\/market-updates\/","title":{"rendered":"Joachim Nagel: ECB\u2019s Policy normalization must continue"},"content":{"rendered":"\n<p>The European Central Bank&#8217;s policy normalization must continue, European Central Bank Governing Council member and German central bank head Joachim Nagel said on Friday.<br><br>&#8220;I am confident that the ECB&#8217;s Transmission Protection Instrument (TPI) would withstand legal challenges,&#8221; Nagel added and noted that they still expect favourable growth in Germany and in 2022 and 2023.<br><br>Nagel\u2019s comments have no significant impact on the performance of the Euro against its major rival currencies. The EUR\/USD pair was trading at 1.0223, where it was down 0.05% on a daily basis. Meanwhile, the pair remains on track to snap a three-week losing streak.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Central Bank&#8217;s policy normalization must continue, European Central Bank Governing Council member and German central bank head Joachim Nagel said on Friday.&#8220;I am confident that the ECB&#8217;s Transmission Protection Instrument (TPI) would withstand legal challenges,&#8221; Nagel added and noted that they still expect favourable growth in Germany and in 2022 and 2023.Nagel\u2019s comments &hellip;<\/p>\n","protected":false},"author":13,"featured_media":44251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6923,6884,9357],"class_list":["post-68916","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-ecb","tag-eur-usd","tag-nagel"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=68916"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68916\/revisions"}],"predecessor-version":[{"id":68920,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68916\/revisions\/68920"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/44251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=68916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=68916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=68916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}