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

FacebookXLinkedInEmailLinkGiftExpandJoachim NagelPhotographer: Kent Nishimura/BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy October 20, 2025 at 10:00 PM UTCBookmarkSave

European Central Bank Governing Council member Joachim Nagel warned that undermining public trust in statistics and central banks could backfire economically.

Independent and reliable statistics “are crucial — especially for central banks,” the Bundesbank president said Monday, calling them “the backbone of sound monetary policy.”

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