- ECB’s de Cos: Risks to inflation are tilted to the upside in the short term
Market news
8 February 2022
ECB’s de Cos: Risks to inflation are tilted to the upside in the short term
European Central Bank (ECB) Governing Council member and Spanish central bank chief Pablo Hernandez de Cos said Tuesday, “risks to inflation are tilted to the upside in the short term.”
Additional comments
Recent data on inflation has shown surprising upwards trends both in inflation and core inflation.
Level of uncertainty around inflation is very high also due to geopolitical risks.
More than ever it is necessary to keep all options open on monetary policy.
We stick to our sequencing starting first with first tapering.
Next move on monetary policy is clear but will be gradual and depend on data.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page