The Limited Times

Now you can see non-English news...

ECB: Schnabel, strong action on prices, increased recession risks

2022-08-27T18:33:07.488Z


The risks of recession have increased. This was stated by Isabel Schnabel, of the executive committee of the ECB, however calling for strong action to bring inflation back under control. (HANDLE)


(ANSA) - NEW YORK, AUGUST 27 - The risks of recession have increased.

This was stated by Isabel Schnabel, of the executive committee of the ECB, however calling for strong action to bring inflation under control.

From Jackson Hole Schnabel observes how "central banks must act forcefully" against the price rush.

"Even if we enter a recession, we have very few choices but to continue on the path of normalization," adds Schnabel.

(HANDLE).


Source: ansa

All life articles on 2022-08-27

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.