ECB’s Schnabel: Waiting for Wage Growth to Rise Before Hiking Risks Acting “Too Late”
By Marta Vilar – LONDON (Econostream) – European Central Bank Executive Board member Isabel Schnabel said on Thursday that the ECB should not wait for wage growth to accelerate before responding to the inflationary effects of the energy shock linked to the Middle East conflict, warning that doing so could mean reacting “too late.”
7 May 2026





