ECB’s Schnabel: Another rate hike now rather unlikely

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-ecb13.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>In an interview with Reuters, ECB Executive Board member Isabel Schnabel remarked that the slowdown to 2.4% in Eurozone&#8217;s November flash CPI a &#8220;very pleasant surprise.&#8221; More importantly, that made &#8220;further rate increase rather unlikely&#8221;. Schnabel emphasized the significance of the decline in &#8220;underlying inflation&#8221;, which has proven &#8220;more stubborn&#8221;, is now also &#8220;falling more [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/530310-ecbs-schnabel-another-rate-hike-now-rather-unlikely/">ECB&#8217;s Schnabel: Another rate hike now rather unlikely</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>