ECB's Schnabel: I do not see a reason for a further rate cut

• Charges are already mildly accommodative
• Inflation dangers are tilted to the upside
• Tariffs are on steadiness inflationary
• Much less nervous about change price
• International price hikes could come sooner than individuals suppose

It seems just like the summer time break is coming to an finish and we’ll see extra commentary from ECB policymakers earlier than we get to the subsequent assembly on 11 September. As issues stand, merchants will not be pricing in any extra price cuts for the 12 months by the ECB.

This text was written by Justin Low at investinglive.com.



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