The European Central Bank likely has room to continue lowering borrowing costs as inflation converges toward 2%, but must proceed carefully, Executive Board member Isabel Schnabel told Finanztip.
Home » ECB Can Cut Rates, But Caution Needed, Schnabel Tells Finanztip
The European Central Bank likely has room to continue lowering borrowing costs as inflation converges toward 2%, but must proceed carefully, Executive Board member Isabel Schnabel told Finanztip.