European Central Bank (ECB) Governing Council member and Bundesbank President Joachim Nagel said early Thursday that the ECB has agreed to make a decision in June.
Additional comments
"Inflation may average 6% this year."
"We can't allow high prices to become entrenched."
Market reaction
At the time of writing, EUR/USD is trading at 1.0907, up 0.13% on the day.
