Central Banks
ECB’s Schnabel Says Disinflation Process Projected to Slow
- Longer-term inflation expectations still signal upside risks
- Executive Board member speaks at University of Wuerzburg
Isabel Schnabel
Photographer: Ben Kilb/BloombergThis article is for subscribers only.
The disinflation process recently seen in the euro area is likely to slow, according to European Central Bank Executive Board member Isabel Schnabel.
“We expect overall inflation to see a temporary uptick,” she told students Tuesday at University of Wuerzburg, Germany. “We’ll need two years to get inflation from 2.9% to 2%.”