ECB Executive Board member Schnabel: The negative impact of the inflation shock on economic growth will become more pronounced, with increasing signs that the inflation shock is spreading to other parts of the consumer basket. Even if Iran tensions were to end today, due to the extent of the damage to energy infrastructure, policy action is still needed. A rate hike will be necessary in June. Ignoring a rapid surge in inflation is no longer an option.

ECB Executive Board member Schnabel: The negative impact of the inflation shock on economic growth will become more pronounced, with increasing signs that the inflation shock is spreading to other parts of the consumer basket. Even if Iran tensions were to end today, due to the extent of the damage to energy infrastructure, policy action is still needed. A rate hike will be necessary in June. Ignoring a rapid surge in inflation is no longer an option.

汇通财经2026/05/26 05:02

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European Central Bank Executive Board member Schnabel: The negative impact of inflation shocks on economic growth will become even more pronounced. There are increasing signs that inflation shocks are spreading to other parts of the consumption basket. Even if the tensions in Iran end today, given the extent of damage to energy infrastructure, policy action is still required. An interest rate hike will be needed in June, and ignoring the surge in inflation is no longer an option.

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