ECB’s Schnabel: We cannot pre-commit to a particular rate path

Market news

7 June 2024

ECB’s Schnabel: We cannot pre-commit to a particular rate path

European Central Bank (ECB) policymaker Isabel Schnabel said on Friday that “we cannot pre-commit to a particular rate path.”

“The future inflation outlook remains uncertain,” she added.

Market reaction

EUR/USD is keeping its range play intact near 1.0900, almost unchanged on the day.

Silver price today: Silver slides, according to FXStreet data

China Foreign Exchange Reserves (MoM) above expectations ($3.21T) in May: Actual ($3.232T)

Market Focus

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