ECB’s de Cos: In the event of persistent upwards pressure on inflation, ECB has tools at its d …

ecbs de cos in the event of persistent upwards pressure on inflation ecb has tools at its disposal 1

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

  • Remarks by ECB policymaker, Pablo Hernandez de CosWill closely monitor inflation performanceCurrently not seeing second round inflation impactBasically 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.

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