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ECB’s Schnabel Says Resumption of Quantitative Easing Still Distant

Executive Board member Isabel Schnabel indicates that renewed asset purchases by the European Central Bank remain far from consideration.

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Terms & Concepts
  • European Central Bank (ECB): The central bank for the eurozone, responsible for monetary policy and maintaining price stability.
  • Quantitative Easing (QE): A monetary policy where a central bank purchases financial assets to inject liquidity into the economy.
  • Executive Board: A group of top officials managing the European Central Bank’s strategic and operational decisions.