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ECB’s Schnabel: Additional Data Needed to Discuss Interest Rate Cuts

ECB’s Schnabel: Additional Data Needed to Discuss Interest Rate Cuts

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Wednesday said that more data confirming that inflation had sustainably converged to the ECB’s target were necessary before discussing a reduction in interest rates.

10 January 2024
ECB’s Knot: ‘I Would Be in No Hurry to Cut Interest Rates’

ECB’s Knot: ‘I Would Be in No Hurry to Cut Interest Rates’

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Wednesday said that he would not be in a rush to consider reducing interest rates, as there were still relevant economic developments to be assessed.

20 December 2023