ECB’s Schnabel warns against complacency, “last kilometre” the most difficult

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<p>In an interview with Jutarnji List, ECB Executive Board Isabel Schnabel underlined the unpredictability surrounding the current inflation trajectory, cautioning against premature optimism despite recent encouraging data. Schnabel stated, “We cannot say that we are at the peak (interest rates) or for how long rates will need to be kept at restrictive levels.” She emphasized […]</p>
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