March 29, 2023 22:01 GMT
Schnabel Reaffirms Sticky Inflation View, Disinflation Of Banking Strain "Open Question"
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Comments from ECB Executive Board member Schnabel reaffirm her views surrounding a sticky inflation profile in the Eurozone, while she noted that she has not seen a general outflow when it comes to broader Eurozone bank deposits. Schnabel also described the size of the disinflationary impact from the well-documented strain on the banking sector as “an open question.”