ECB board nominee Schnabel: Recent data not as negative as feared

Haresh Menghani FXStreet

German candidate for the European Central Bank (ECB) board, Isabel Schnabel was out with some comments in the last hour and said that he would have likely waited before restarting bond purchases.

Additional quotes:

• The ECB must listen carefully to concerns about the effects of negative rates.
• Recent data have not been as negative as feared.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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