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What ever happened to airline standards?Senator Lummis says Treasury should convert gold for Bitcoin reserve
Mon. Nov 25th, 2024

ECBs Schnabel:Services inflation showing last mile in inflation fight especially difficult


ECBs Schnabel is speaking and she says:

  • services inflation is showing that the last mile inflation fight is especially difficult
  • Some data was not quite in line with projections.
  • The ECB is not on a predetermined path. A first cut does not imply a series of cuts.
  • Freight costs, protectionism could drive inflation.
  • Pace and extent of ECB rate cuts will depend on the data
  • Closely watching sticky services prices

This article was written by Greg Michalowski at www.forexlive.com.



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