Skip to content
We believe the peak of inflation was reached in November

Remarks by ECB Executive Member Isabel Schnabel

  • Predicts a gradual decline in inflation over the coming year
  • There is no sign that inflation is getting out of hand
  • Inflation will not continue at the same pace as in recent months
  • Inflation will return to 2% next year
  • It would be premature to tighten monetary policy now

A few bold remarks from Schnabel but which fit the message the ECB has been trying to send to the market lately. German annual inflation is estimated at 5% later today, but we’ll see if that will really be the peak, as Schnabel thinks.


Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.