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ECB official backs further tightening as inflation stays above 2%

ECB Executive Board member Isabel Schnabel said inflation could remain above 2% for an extended period and supported additional monetary tightening.

By DoomRadar · Published on DoomRadar .

Why it matters

Higher interest rates could affect borrowing costs and economic activity across the euro area.

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  1. ECB's Schnabel Sees Inflation Above 2% for Extended Period, Backs More Tightening ↗actionforex.com · Recorded source date: Aug 26, 2026, 9:02 AM UTC

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