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ECB Schnabel:There is risk that monetary & fiscal policies may pull in opposite directions

ECB Schnabel:There is risk that monetary & fiscal policies may pull in opposite directions

ECB's Schnabel is speaking. She says:

  • In the current environment, there is risk that monetary and fiscal policies may pull in opposite directions
  • we continue to stand ready to counter fragmentation in financial markets that is not justified
  • incoming data so far suggest that the room for slowing down the pace of interest rate adjustments remains limited
  • A new macroeconomic environment requires a different mix of monetary fiscal policies
  • we will need t... Read More
Posted: Nov 24 2022, 13:12
Author Name: forexlive
Views: 092143

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