ECB executive board member Schnabel said the ECB must act early to prevent second-round inf effects. Markets appear to understand the ECB's reaction mechanism. The extent of tightening will depend on incoming data.

2026-08-26

ECB executive board member Schnabel said the ECB must act early to prevent second-round inf effects. Markets appear to understand the ECB's reaction mechanism. The extent of tightening will depend on incoming data.