ECB's Schnabel: Central bank most concerned about wages, services

Source Fxstreet
Apr 25, 2024 08:26

European Central Bank (ECB) executive board member Isabel Schnabel said in her scheduled appearance on Thursday that the “biggest concern is clearly services inflation."

Additional comments

"There is a consensus emerging that we may be facing a quite bumpy last mile.”

"The more concerning part is productivity growth."

“We've had negative productivity growth now over several quarters."

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