ECB Schnabel: Underlying price pressures remain stubbornly high

<p>ECB Executive Board member Isabel Schnabel said in a speech that despite decline in headline inflation, largely due to unwinding of previous supply-side shocks, &#8220;underlying price pressures remain stubbornly high,&#8221; with domestic factors now becoming the main drivers of inflation. Given this backdrop, Schnabel emphasized the necessity of maintaining &#8220;sufficiently restrictive monetary policy&#8221; to steer [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/516666-ecb-schnabel-underlying-price-pressures-remain-stubbornly-high/">ECB Schnabel: Underlying price pressures remain stubbornly high</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>