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ECB’s Schnabel Sees German Inflation Climbing Above 3%

  • Officials to look through temporary fluctuation in prices
  • France’s Villeroy dismisses talk of slowing bond buying
Isabel Schnabel

Isabel Schnabel

Photographer: Alex Kraus/Bloomberg
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German inflation could climb above 3% as the economy recovers from the pandemic, but it won’t last and the European Central Bank will look beyond such volatility, Executive Board member Isabel Schnabel said in an interview.