ECB’s Schnabel Sees Need for Further Hiking to Meet 2% Target (opens original article in a new tab)

ECB's Isabel Schnabel suggests further interest rate increases may be necessary to achieve the 2% inflation target, emphasizing ongoing monitoring of energy prices and economic conditions. Most investors anticipate at least one more quarter-point rate hike.

• ECB's Isabel Schnabel says further interest rate hikes may be needed to bring inflation back to 2% target
• Schnabel emphasizes continued monitoring of energy prices and economic developments
• Most investors expect at least one more quarter-point rate increase