ECB’s Schnabel: Outlook for the central bank has not change

European Central Bank (ECB) executive board member Isabel Schnabel said on Thursday, “the outlook for the ECB has not changed.”

Additional quotes

"Inflation concerns before the July rate hike have not been alleviated."

"Growth is going to slow."

"Technical recession in the euro area is possible."

"Inflation could still accelerate in the short term."