FRANKFURT, March 11 (Reuters) - The post-pandemic spike in inflation has left scars on companies and consumers, which now know that prices can rise fast and settle at a higher level, ECB policymaker
ECB's Schnabel: Post-Pandemic Inflation Spike Leaves Lasting Scars
Impact of Post-Pandemic Inflation on the Eurozone
Scars Left on Companies and Consumers
FRANKFURT, March 11 (Reuters) - The post-pandemic spike in inflation has left scars on companies and consumers, which now know that prices can rise fast and settle at a higher level, ECB policymaker Isabel Schnabel said on Wednesday.
Schnabel's Remarks on Inflation Episode
"These are certain scars from this high-inflation episode," Schnabel told an event in Frankfurt. She cautioned, however, that some of the energy supply lost to the Iran war could come back and monetary and fiscal policies are less expansive now than in 2022.
Reporting and Editorial Credits
(Reporting by Francesco Canepa; Editing by Kirsten Donovan)
