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ECB Schnabel: Rates must reach a sufficiently restrictive level

ECB Schnabel: Rates must reach a sufficiently restrictive level
ECB Executive Board member Isabel Schnabel said in Twitter Q&A, “further rate hikes will help bring inflation back to our target, which – given nominal wages – will increase real wages.” “Rates must reach a sufficiently restrictive level … (and) we’ll keep rates high until we see robust evidence that underlying inflation returns to our […] The post ECB Schnabel: Rates must reach a sufficiently restrictive level appeared first on Action Forex... Read More
Posted: Feb 10 2023, 14:38
Author Name: actionforex
Views: 102279

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