{"id":64717,"date":"2022-05-03T22:47:46","date_gmt":"2022-05-03T18:47:46","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=64717"},"modified":"2022-05-03T22:47:50","modified_gmt":"2022-05-03T18:47:50","slug":"schnabel-ecb-may-need-to-hike-rates-in-july","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/schnabel-ecb-may-need-to-hike-rates-in-july\/05\/03\/market-updates\/","title":{"rendered":"Schnabel: ECB may need to hike rates in July"},"content":{"rendered":"\n<p>European Central Bank member, Isabel Schnabel, told a German newspaper Handelsblatt on Tuesday that the ECB may need to raise interest rates as soon as July to stop high inflation from getting entrenched.<br><br>EUR\/USD is higher on the day by some 0.23% yet has not reacted to the comments, sticking to the 1.0530s.<br><br>Key Quotes:<br><br>&#8220;Now it&#8217;s not enough to talk, we have to act,&#8221; Schnabel was quoted as saying. &#8220;From today&#8217;s perspective, I think a rate hike in July is possible&#8221;.<br><br>&#8221;Before then the ECB must end its bond purchase scheme, probably at the end of June, Schnabel added, warning inflation is becoming increasingly broad.&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European Central Bank member, Isabel Schnabel, told a German newspaper Handelsblatt on Tuesday that the ECB may need to raise interest rates as soon as July to stop high inflation from getting entrenched.EUR\/USD is higher on the day by some 0.23% yet has not reacted to the comments, sticking to the 1.0530s.Key Quotes:&#8220;Now it&#8217;s not &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53676,"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":[6923,8143,7985],"class_list":["post-64717","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-ecb","tag-interest-rate-hikes","tag-schnabel"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64717","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=64717"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64717\/revisions"}],"predecessor-version":[{"id":64737,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64717\/revisions\/64737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53676"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=64717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=64717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=64717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}