ECB's Schnabel: Short-term rates will stay low for substantial time.

Author: Greg Michalowski | Category: Central Banks

ECB's Schnabel speaking

ECB's Isabel Schnabel is on the wires say:
  • short-term rates will stay low for substantial time
  • It remains an open question if producer prices will be passed on
  • ECB assumes that the bottlenecks will be resolved in 2021
  • Sees risk companies are kept alive that should fail
  • ECB can not stand on the sidelines with regard to climate change
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