- ECB's Schnabel: There is a risk of high inflation becoming entrenched
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11 May 2022
ECB's Schnabel: There is a risk of high inflation becoming entrenched
There is a risk that high inflation becomes entrenched, ECB Executive Board member Isabel Schnabel said on Wednesday in a speech. As a result, its time to conclude the measures that were enacted to combat low inflation, she continued, adding that policy action is required for price stability.
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