ECB’s Schnabel Signals Inflation Concern in Rate Debate Salvo

Euro-zone inflation is more likely to get stuck above the European Central Bank’s target than to durably slow, said Executive Board member Isabel Schnabel.

In her opening salvo before a pivotal decision in April on whether to pause interest-rate cuts, the institution’s official in charge of markets shares concerns on prospects for consumer prices in a Handelsblatt article published on Saturday.