Isabel Schnabel, member of the Executive Board of the European Central Bank, took part, on Wednesday 10 January, in the “Ask ECB” exercise by answering questions from the public on the X platform (formerly Twitter).
Isabel Schnabel indicated that it was too early to discuss key rate cuts, and that the ECB would keep rates at restrictive levels until it was confident that inflation would return to the 2% target on a sustainable basis. As President Christine Lagarde had indicated (see...