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ECB's Schnabel: If risks materialize, further rate hikes may be necessary

ECB's Schnabel: If risks materialize, further rate hikes may be necessary
The ECB has published an interview with executive board member Isabel Schnabel.Overall, the recent news on inflation is encouragingCore inflation has proven more stubbornWe cannot take it for granted that inflation will only move downwards from now on, because we could have new supply side shockswe cannot say that we are at the peak or for how long rates will need to be kept at restrictive levels I still see upside risks to inflationCites wages as upside riskFull textThe market is pricing in jus... Read More
Posted: Oct 6 2023, 08:51
Author Name: forexlive
Views: 101960

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