Markets: An interview by ECB Schnabel grabs most headlines today. She told Reuters that concerns about the inflation outlook, which triggered a 50 bps rate hike in July, have not been alleviated. The move wasn’t enough to alter the outlook and even a recession on its own would not be enough to tame inflation pressures. […]
The post ECB Schnabel’s Comments a Very Strong Nod Towards a 50 bps Rate Hike at September Meeting appeared first on Action Forex.
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