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ECB’s Schnabel: Interest rates need to raise further to bring inflation down to 2% target

European Central Bank (ECB) policymaker Isabel Schnabel reiterates that the central bank is not done with monetary tightening yet, according to her remarks released by Econostream released during the European trading session on Thursday. Comments:
-The short-term situation now looks better than we had expected, the ceasefire is no reason for monetary policymakers to let their guard down. [...]