ECB's Schnabel sets bar 'very high' for rate cut as economy holds up

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  Posted by Two Blokes Jul 11 - Filed in General - #TwoBlokesTrading  - 10 views
  
  The hurdle for another interest rate cut by the European Central Bank is "very high" as the euro zone economy is holding up better than expected and inflation is moored at 2%, ECB board member Isabel Schnabel said in an interview published on Friday.