{"id":82147,"date":"2023-03-30T01:31:39","date_gmt":"2023-03-29T21:31:39","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=82147"},"modified":"2023-03-30T01:34:18","modified_gmt":"2023-03-29T21:34:18","slug":"ecbs-schnabel-eurozone-underlying-inflation-proving-sticky","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/ecbs-schnabel-eurozone-underlying-inflation-proving-sticky\/03\/30\/market-updates\/","title":{"rendered":"ECB&#8217;s Schnabel: Eurozone underlying inflation proving sticky"},"content":{"rendered":"\n<p>According to Isabel Schnabel, ECB board member, the Eurozone&#8217;s underlying inflation is proving stubborn, increasing concerns that excruciatingly high price growth may become more enduring.<br><br>Schnabel, on Wednesday, claimed that while a widening of corporate profit margins is also a primary cause of inflation, rapid nominal wage increases may be a symptom of second round inflation impacts.<br><br>In general, Schnabel said at a conference of the National Society for Business Economics, &#8220;I think the message is that core inflation is proving to be much stickier than headline inflation.&#8221;<br><br>Schnabel argued that quick nominal wage growth may be a sign of second round inflation effects while a widening of corporate profit margins is also a major driver of inflation.<br><br>&#8220;In general, I think the message is that core inflation is proving to be much stickier than headline inflation,&#8221; Schnabel added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Isabel Schnabel, ECB board member, the Eurozone&#8217;s underlying inflation is proving stubborn, increasing concerns that excruciatingly high price growth may become more enduring.Schnabel, on Wednesday, claimed that while a widening of corporate profit margins is also a primary cause of inflation, rapid nominal wage increases may be a symptom of second round inflation &hellip;<\/p>\n","protected":false},"author":13,"featured_media":59567,"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":[6923,6837,6987,8339],"class_list":["post-82147","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-ecb","tag-eurozone","tag-inflation","tag-isabel-schnabel"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/82147","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=82147"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/82147\/revisions"}],"predecessor-version":[{"id":82155,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/82147\/revisions\/82155"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/59567"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=82147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=82147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=82147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}