{
  "id": 3436836,
  "title": "ECB's Schnabel: Inflation likely to top 2% for extended period",
  "url": "https://urgent.news/2026/08/26/ecbs-schnabel-inflation-likely-to-top-2-for-extended-period",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T05:41:17.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/ecbs-schnabel-inflation-likely-to-top-2-for-extended-period-202608260541"
  },
  "original_language": "en",
  "account": "ECB Executive Board member Isabel Schnabel indicated that inflation may remain above the 2% target for an extended period, necessitating further tightening of monetary policy, Bloomberg reported on Wednesday. The ECB must address second-round effects promptly. The market has grasped the ECB's reaction function effectively. The extent of tightening will depend on forthcoming data. The situation with natural gas is particularly concerning. The economy appears to be gaining momentum.",
  "summary": "European Central Bank (ECB) Executive Board member Isabel Schnabel said that inflation is unlikely to return to target over the medium term, and therefore further tightening will be necessary, Bloomberg reported on Wednesday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Conversation AU",
        "title": "Inflation eases less than expected, making another interest rate hike more likely",
        "url": "https://urgent.news/2026/08/26/inflation-eases-less-than-expected-making-another-interest-rate-hike",
        "published": "2026-08-26T03:44:31.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}