ECB's Nagel on July Hike

The transcript discusses the potential need for more rate hikes, the persistence of core inflation, and the impact of monetary policy on the economy. It highlights the challenges of inflation in the Eurozone compared to the US, the risks of over-tightening, and the sectoral impacts of rate hikes. The discussion also covers China's economic volatility and assumptions about the US economy's ability to manage inflation.

How does the speaker view the impact of tightening on the real economy?

What are the implications of the current economic situation in China for the eurozone?

What assumptions does the speaker make about the US economy and its ability to avoid a recession?