JACKSON HOLE, Wyo.—Central banks around the world risk losing public trust and must now act forcefully to combat inflation, even if that drags their economies into a recession, European Central Bank board member Isabel Schnabel said on Saturday. Inflation is close to double-digit territory in many of the world’s top economies and any decline is…
Central Banks Must Tighten Policy Even Into a Recession, ECB’s Schnabel Says
August 29, 2022
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