Economist MacAdam from Capital Economics: European Central Bank (ECB) Governing Council member Schnabel emphasizes need for further rate hikes to tackle inflation risks
Simon MacAdam, Deputy Chief Global Economist at Capital Economics, stated on Bloomberg that European Central Bank (ECB) Governing Council member Isabel Schnabel emphasized the need for further interest rate hikes given upside risks to inflation. MacAdam also discussed what he hoped to hear from Federal Reserve Chair Kevin Warsh at the Jackson Hole meeting.
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