INVESTINGLIVEEamonn Sheridan
Weekend - Hawkish ECB board member calls for further rate hikes despite Hormuz relief
Schnabel's remarks confirm the ECB is not treating the Hormuz ceasefire as an inflation off-ramp. Her explicit warning that the strait will reopen only gradually, and that energy costs are already feeding into supply chains and manufacturing pass-through, signals the hiking cycle
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