ECB's Schnabel keeps more hikes on table amid inflation risks
© Reuters. FILE PHOTO: Isabel Schnabel, member of the German advisory board of economic experts attends the 29th Frankfurt European Banking Congress at the Old Opera house in Frankfurt, Germany November 22, 2019. REUTERS/Ralph Orlowski/File PhotoFRANKFURT - The European Central Bank may need to raise interest rates again if wages, profits or new supply snags boost inflation, ECB board member Isabel Schnabel said in an interview published on Friday.
"I still see upside risks to inflation," Schnabel told Croatian newspaper Jutarnji list."If they materialise, further interest rate hikes could be necessary at some point."We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.
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