• ECB’s Vujčić: Inflation momentum is still persistent

Market news

26 May 2023

ECB’s Vujčić: Inflation momentum is still persistent

ECB policymaker, Boris Vujčić, said on Friday, “inflation momentum is still persistent.”

“It is questionable if we will be able to get to 2% in the next two years.”

Market reaction

At the time of writing, EUR/USD is treading water at around 1.0730, modestly flat on the day.

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