- Analytics
- News and Tools
- Market News
- ECB's Schnabel: Inflation will not subside by itself
ECB's Schnabel: Inflation will not subside by itself
European Central Bank (ECB) Governing Council member Isabel Schnabel said on Tuesday that restrictive monetary policy stance will benefit society over the medium to long run by restoring price stability.
Key takeaways
"Inflation will not subside by itself."
"It would be misleading to use higher interest rates as a scapegoat for a further delay in the green transition."
"Financing conditions will need to become restrictive."
"Green targeted lending operations, for example, could be an instrument but they are not an option for the immediate future."
"Systematic greening of the ECB's collateral framework is therefore an important tool."
Market reaction
EUR/USD showed no immediate reaction to these comments and was last seen posting small daily gains at 1.0745.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
