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ECB's Schnabel says high costs passed through to consumers more quickly when economy resilient
StockNow breaking-news AI analysis
The item reports Schnabel’s comments on faster cost pass-through in a resilient economy, credit dynamics, possible sensitivity to global yields, and a gradual inflation return when expectations are anchored.
News detail
Robust credit dynamics suggest financial conditions are not yet restrictive. Possible economy responds more to the recent global yield rise than assumed; would dampen price pressures. Can return inflation to target more gradually when expectations anchored.
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