ECB’s Nagel Calls Reliable Statistics ‘Backbone’ of Sound Policy
PositiveFinancial Markets

Joachim Nagel, a member of the European Central Bank's Governing Council, emphasized the critical role of reliable statistics in maintaining sound economic policy. He cautioned that any erosion of public trust in these statistics and central banks could lead to negative economic consequences. This highlights the importance of transparency and accuracy in financial data, which are essential for informed decision-making and economic stability.
— Curated by the World Pulse Now AI Editorial System