European Central Bank's Executive Board member Isabel Schnabel highlights in a recent report the slowing wage growth and decreasing goods inflation. Schnabel emphasizes the need for ECB to remain flexible on interest rates due to the risk of new inflation jolts and potential future shocks, stating that the bank hasn't precommitted to a rate path.
The risk of new inflation jolts means that the ECB has to stay flexible on interest rates, according to Executive Board member Isabel Schnabel
ECB's Schnabel highlights slowing wage growth in latest report. #ECB #economy #news
ECB'S SCHNABEL: WE HAVEN'T PRECOMMITTED TO A RATE PATH.
ECB'S SCHNABEL: FIRST INDICATIONS OF EASING WAGE GROWTH.
SCHNABEL SAYS GOODS INFLATION IS DECREASING RAPIDLY.
Schnabel says potential future shocks mean the ECB can’t precommit on interest rates https://t.co/i8XLngXXHO https://t.co/Gm9a7MjniP
The risk of new inflation jolts means that the ECB has to stay flexible on interest rates, according to Executive Board member Isabel Schnabel https://t.co/IaJJTuzRTf