Nov 3, 2023
ECB's Schnabel: Hopeful on inflation but cannot close door on rate hikes
The European Central Bank (ECB) board member Isabel Schnabel said on Thursday that the ECB is on track to push inflation back down to 2% by 2025, but the "last mile" of disinflation is likely to be the most difficult to overcome, so the central bank cannot rule out additional rate hikes.
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