ECB's hawkish Schnabel advocates gradual cuts, flags Trump's trade risks
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Euronews.com
10 hónapja
Isabel Schnabel from the ECB emphasizes limited scope for aggressive rate cuts due to persistent inflation and global risks, particularly from potential US tariffs under Trump. She advocates for gradual rate adjustments while warning against moving below neutral rates. The eurozone economy shows stagnation, with mixed inflationary effects from trade barriers and signs of recovery in certain sectors. Schnabel expresses cautious optimism about consumption growth but acknowledges challenges in achieving the ECB's inflation target. Teljes cikk (Euronews.com)