Bundesbank Chief: Inflation to Keep Slowing, But Peak Rates Not Guaranteed
- Inflation will keep declining but at a slower pace in coming months, says Bundesbank chief Nagel
- Nagel cautions it's "way too early to declare victory" over high inflation
- Base effects weakening, energy price caps expiring are inflation risks ahead
- Wage growth also expected to stay strong, fueling inflation
- Interest rates may not yet have peaked, will be decided at each ECB meeting