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ECB's De Cos: Risks to inflation remain on the upside and have intensified

ECB's De Cos: Risks to inflation remain on the upside and have intensified

Central Banks
By Adam Button
26/07/2022 | 17:07 GMT
  • Comments from the Governing Council member
  • Risks to inflation remain on the upside and have intensified, particularly in the short term
  • ECB stands ready to adjust all its instruments to ensure inflation stabilizes at the ECB's 2% medium-term target
  • Risks include lasting deterioration of economy in eurozone and persistently high energy and food prices

How effective will rate hikes be at curbing an energy-driven inflation spike?

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