Don’t Count on a Sustained Fed-ECB Decoupling, Schnabel Says

Don’t Count on a Sustained Fed-ECB Decoupling, Schnabel Says

“But we do see that also the more persistent components are coming down,” she said. “And of course, yes, some of the numbers are still not where they should be. So wage growth is of course, at the, at the moment still too high service inflation still relatively high. Domestic generally is relatively high, but, so our confidence is there that kind of the past shocks are now failing and that we are in a, in a, in a good place on that.”

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