ECB’s Schnabel: No doubt we have to do more on inflation

…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for FREE REGISTER to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level1)]

Isabel Schnabel, a member of the European Central Bank’s Executive Board, stated that there is no doubt that the ECB will have to take additional measures to bring inflation back to target. She made this statement on Tuesday during a lecture at Hessischer Kreis.

Schnabel mentioned that slower interest rate hikes allow the ECB to assess the impact of the measures they are taking. She clarified that core inflation has not seen a turnaround like the headline. According to her, rate cuts are unlikely for the foreseeable future.

The EUR/USD currency pair is falling on Tuesday, but it has moved off lows, rising back above 1.0960 as the US dollar loses momentum. However, the euro remains one of the worst-performing currencies in the G10 space.

[/s2If]
Nehcap Expert Advisor
The NEHCAP MT4 EA is high quality professional trading system geared to generate returns without using GRID or martingales. Each trade has strict risk per trade parameter. The pairs under management include EURUSD, GBPUSD, AUDCAD, AUDNZD,GBPAUD, EURAUD, EURCAD, CHFJPY and many more.
The system is trading live: LIVE ACCOUNT TRACKING
You can run it free. Apply for a free trial and track our account. Buy the system or use profit share mechanism to generate returns on your MT4.
Join Our Telegram Group