ECB’s Schnabel: It’s becoming increasingly unlikely that rates are holding back spending

February 25, 2025
-FCHFX

February 25, 2025 at 01:10PM
The ECB’s Schnabel is out with some hawkish comments:

It is becoming increasingly unlikely that current financing conditions are materially holding back consumption and investment

The nature of the inflation process is likely to have changed lastingly

The natural rate of interest in in the eurozone has increased appreciably over the past two years

This is the second round of hawkish comments from Schnabel and it’s a tailwind for the euro.

This article was written by Adam Button at www.forexlive.com.

ECB’s Schnabel: It’s becoming increasingly unlikely that rates are holding back spending

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