• ECB's Schnabel: If risks materialize, hikes may be needed eventually

Noticias del mercado

6 octubre 2023

ECB's Schnabel: If risks materialize, hikes may be needed eventually

European Central Bank (ECB) executive board member, Isabel Schnabel, is making some comments on the central bank’s interest rate outlook on Friday.

Schnabel said that “if risks materialize, hikes may be needed eventually.”

“We cannot rule out a recession, though we don't see a deep slump,” the ECB policymaker added.

Market reaction

EUR/USD remains sidelined near 1.0550, down 0.15% on the day.

Enfoque del mercado
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