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

Source Fxstreet

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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