ECB’s Schnabel Signals No Rush to Hike, Warns Against Premature Tightening

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ECB Executive Board member Isabel Schnabel signaled that the central bank is in no rush to adjust policy, emphasizing that the current stance allows time to assess the impact of the latest energy shock. Speaking in Washington on Wednesday, she said the ECB is in a “relatively favorable” position after having brought inflation back to […]The post ECB’s Schnabel Signals No Rush to Hike, Warns Against Premature Tightening appeared first on ActionForex.