Kommentar: Isabel Schnabel irrte, provozierte – und wird der EZB fehlen
Ein folgenreiches Eingeständnis hat die angesehene Deutsche zur überzeugten Hardlinerin geformt. Ihr vorzeitiger Abschied wird die Statik unter den Notenbankern verändern.
Isabel Schnabel's early departure from the European Central Bank (ECB) is significant. It is creating unprecedented political realignment within the ECB's leadership hierarchy. Furthermore, it is altering the status quo among Euro guardians. As a staunch advocate of stringent monetary policy, Schnabel has been driving the agenda.
She has been putting pressure on her fellow central bankers to demand interest rate hikes, even if it means being tough rather than cautious, in order to prevent inflation from spiraling out of control. She is well aware of the role she has assumed. At the beginning of her shortened eight-year term, she downplayed the inflation surge publicly.
Her mistake was quickly and decisively corrected. This admission has formed her into a convinced hardliner. "Is Isabel Schnabel's premature exit from the European Central Bank a blunder, a provocation – and a loss for the ECB?"
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- ECB: Isabel Schnabel to leave early for IMF handelsblatt.com
- Isabel Schnabel to leave ECB early to join IMF ft.com
- ECONOMIC NEWS - Economy: Isabel Schnabel moves from the ECB to the International Monetary Fund nzz.ch
- ECB Executive Board member Isabel Schnabel to resign to take senior role at IMF ecb.europa.eu
