ECB's de Cos: In the event of persistent upwards pressure on inflation, ECB has tools at its disposal

Author: Justin Low | Category: Central Banks

Remarks by ECB policymaker, Pablo Hernandez de Cos

  • Will closely monitor inflation performance
  • Currently not seeing second round inflation impact
Basically the same mantra that they have been repeating for many a time now but there is at least some acknowledgment that inflation may "surprise" them. We'll see how things go in the months ahead but I reckon we'll be headed towards a more challenging test of their patience/resolve rather than the other way around.

Invest in yourself. See our forex education hub.
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose