Source: Reuters (via feed)
ECB policymaker Isabel Schnabel said on Wednesday that the post-pandemic spike in inflation has left scars on companies and consumers. She stated that these groups now know that prices can rise fast and settle at a higher level. Schnabel made the remarks publicly but did not provide further details or data during the statement.
BizTrendWire Insight:
Isabel Schnabel’s comments focus on the awareness among companies and consumers about price developments following the inflation spike.
Isabel Schnabel’s comments focus on the awareness among companies and consumers about price developments following the inflation spike.