European Central Bank Governing Council member Joachim Nagel said there’s a strong case to raise interest rates in December to tame inflation. In an interview with Bloomberg Television in Riga on Tuesday, he said inflation is “too high.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-11-10/nagel-ecb-rate-hike-in-december-looks-rather-obvious-video)