Market news
12.07.2021, 10:41

ECB's vice president Guindos: Risks to inflation outlook tilted to the upside

  • Risks to growth are seen as broadly balanced
  • The spread of mutations show we should not be complacent
  • We expect inflation to be on rise until the year-end
  • Inflation allowed to overshoot depending on circumstances
  • We will discuss new forward guidance next week; that includes new definition of price stability
  • We will decide on PEPP transition in near future

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