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ECB's Schnabel: Under all scenarios, a 50 bps rate hike in March is very much needed
- It isn't easy to say if ECB policy is already restrictive
- Still far away from claiming victory in inflation battle
- Sees risk that markets will underestimate inflation
- The broad disinflation process has not yet started
That's fairly hawkish sounding but it does fit with some recent commentary from the central bank itself. I mean, they need to keep the door open for further policy moves after March so this is pretty mu... Read More
Posted: Feb 17 2023, 07:53
Author Name: forexlive
Views: 102293