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ECB's Schnabel: No doubt that we will have to do more to bring inflation to target level

ECB's Schnabel: No doubt that we will have to do more to bring inflation to target level

Central Banks
Greg Michalowski
09/05/2023 | 18:09 GMT
  • ECB Schnabel speaking
schnabel 18 October 2022
  • Rate cuts are highly unlikely for the foreseeable future
  • There is no doubt that we will have to do more to bring inflation to target levels soon
  • The hikes allow the ECB to assess the steps taken

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