ECB’s Patsalides says euro-area inflation risks remain balanced
Bloomberg · Just In
Bloomberg
Just In
European Central Bank official Christodoulos Patsalides says risks to euro-area inflation are “balanced.” Speaking in Frankfurt, he highlighted the outlook for the region’s economy, indicating neither significant upside nor downside pressures dominate the inflation landscape.
Breakdown
- ECB's Patsalides says inflation risks in the euro area are balanced.
- Global uncertainties, including geopolitical risks and trade tensions, are increasing. 8s
- The ECB is maintaining a cautious approach to monetary policy. 40s
- Future policy changes would require significant new economic data or projections. 1m 6s
- The ECB could adjust interest rates if warranted by economic events. 1m 29s