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ECB's Schnabel spoke on Wednesday - repeated that underlying inflation remains 'sticky'
Isabel Schnabel is a member of the European Central Bank Executive Board.Spoke in Mannheim, Germany, on Thursday with not a lot of media coverage at all. Schnabel said that while headline inflation has begun to decline, underlying inflation is proving to be 'sticky' at a high rateinflation momentum is staying high for all components except for energy---The ECb next meet on May 4, a rate hike appears to be baked in. The question is +25 or +50b?Schnabel, Lagarde This article was w...
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Posted: Apr 19 2023, 21:10
Author Name: forexlive
Views: 082098