ECB Executive Board member Isabel Schnabel emphasized in a speech that while interest rate cuts could help “mitigate economic weakness”, they are not a cure-all for the deeper “structural crises” facing Eurozone. She pointed to persistent issues such as high energy prices, declining competitiveness, and labor shortages, which continue to weigh on the region’s economic […]
The post ECB’s Schnabel: Europe must rethink export-driven model amid geopolitical fragmentation appeared first on Action Forex.
