European Central Bank Executive Board member Isabel Schnabel downplayed the likelihood that interest rates in the euro zone will take a significantly different path from those in the US.
\u201cSo far this hasn\u2019t really played out that much,\u201d Schnabel told a panel discussion Monday in Berlin. \u201cThe macro economy is not all that similar. But on the inflation side, it actually doesn\u2019t look all that different.\u201d
Potential divergence between ECB and Federal Reserve policies became a much-discussed scenario after inflation in the US turned out stronger than previously thought. The latest \u201cdot plot\u201d shows officials expect just one cut this year, while investors see one or two more moves in the Eurozone, following a first reduction earlier this month.
\u201cEven though there may be a slight divergence which is temporary, overall I\u2019m not so sure that it\u2019s actually going to happen,\u201d Schnabel said. \u201cI\u2019m not so concerned.\u201d
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European Central Bank Executive Board member Isabel Schnabel downplayed the likelihood that interest rates in the euro zone will take a significantly different path from those in the US. \u201cSo far this hasn\u2019t really played out that much,\u201d Schnabel told a panel discussion Monday in Berlin. \u201cThe macro economy is not all that similar. But …<\/p>\n","protected":false},"author":13,"featured_media":102827,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6923,6885,6987,9537],"class_list":["post-102823","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-ecb","tag-fed","tag-inflation","tag-rate-policy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/102823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=102823"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/102823\/revisions"}],"predecessor-version":[{"id":102826,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/102823\/revisions\/102826"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/102827"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=102823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=102823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=102823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}