• ECB’s Välimäki: Don't see a stagflation prospect in the euro area

Market news

3 tháng 10 2023

ECB’s Välimäki: Don't see a stagflation prospect in the euro area

“We don't see a stagflation prospect in the euro area, European Central Bank (ECB) Governing Council member,” Tuomas Välimäki, said on Tuesday.

“It appears we can avoid a wage-price spiral in the eurozone,” Välimäki added.

Market reaction

EUR/USD was last seen trading at 1.0490, up 0.13% on the day.

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