ECB’s Schnabel: Sure inflation won’t get excessively high

Key quotes

Commenting on the inflation outlook, the European Central Bank (ECB) executive board member Isabel Schnabel said Saturday that she is very confident that Eurozone will not experience ‘excessively high inflation.”

“Whether inflation rises sustainably ultimately hinges on whether wages also rise and amplify inflation through second-round effects.”

“So far we have seen little evidence of that also in Germany.”

“A target of 2% has an important function: it creates space so that our monetary policy can have its stabilizing effect.”

“The new inflation target safeguards our room to maneuver and benefits people.”

“It’s important to “firmly anchor” citizens’ inflation expectations close to the ECB’s goal.”

“Moderately higher inflation is a sign of a better economic outlook.”

“We have to support this with our monetary policy for as long as it takes to achieve our medium-term inflation target.”

More To Explore

Forex Broker

We provide our clients with first-class liquidity and advanced execution without dealing 

Financial News

Detailed information about the company. Support Contacts


Detailed information about the company


Information for traders about innovations


Platform overview and training materials


Detailed information about the company


Information for traders about innovations


Detailed information about the company