A post by @FirstSquawk on X.
ECB'S SCHNABEL SAYS ACCESS TO CENTRAL BANK LOANS WILL BE NORMAL AGAIN WITHOUT STIGMA.
@FirstSquawk on X
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ECB Executive Board member Isabel Schnabel said access to central bank loans will return to normal without stigma, signaling a shift in how the Eurosystem frames its lending facilities. The remark suggests the ECB wants banks to treat its liquidity operations as routine rather than as a sign of weakness, a stance that matters for how smoothly monetary policy transmits through euro-area funding markets. Traders will watch upcoming ECB liquidity operations and bank take-up for evidence that the stigma is fading.
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Isabel Schnabel, ECB