Executive Board member of the European Central Bank (ECB) Isabel Schnabel hit the wires late on Friday keepinginmind that a single cut from the ECB doesn’t always warranty follow-up cuts, and that inflation in the EU, especially services inflation, is showing a difficult monster to slay…
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![ECB’s Schnabel: Services inflation is showing stickier than anticipated](https://theaustralian.info/wp-content/uploads/2024/07/83743-ecbs-schnabel-services-inflation-is-showing-stickier-than-anticipated.jpg)