Markets widely expect the European Central Bank to cut its benchmark deposit rate from 2.75 per cent to 2 per cent by the end of the year, amid signs of weak growth in the region.
But ECB hawk Isabel Schnabel, a member of the six-person executive board that sets the tone for rate meetings, told the ...
The European Central Bank is getting closer to a pause in interest cuts since it is no longer clear that policy remains ...
FRANKFURT (Reuters) - The European Central Bank is getting closer to a point where rate cuts need to be stopped and ...
ECB board member Isabel Schnabel, one of the most vocal policy hawks, argued that it was already time to debate a pause because the 2.75% deposit rate is no longer undoubtedly restrictive on the ...
Traders cut bets on further European Central Bank monetary easing after Executive Board member Isabel Schnabel said the time to pause or halt interest rate cuts is getting closer.
Cuts could bring European Central Bank interest rates to 2% this summer but beyond that there’s no clarity on direction, according to Governing Council member Francois Villeroy de Galhau.Most Read ...
“We are getting closer to the point where we may have to pause or halt our rate cuts,” Schnabel, one of the ECB’s top hawks, said in an interview conducted on Feb. 14 and published Wednesday ...