GreeceECB's Stournaras Comments on Inflation Expectations
The European Central Bank's Stournaras stated that inflation expectations are well anchored around 2% and that he does not foresee significant second-round effects.
Background
The European Central Bank (ECB) is the central bank of the 20 European Union countries which have adopted the euro. Its primary objective is to maintain price stability, meaning keeping inflation low, stable and predictable. The ECB uses interest rates as its main tool to influence inflation.
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ECB's Stournaras Comments on Inflation Expectations
First report 16h agoLast update 16h ago1 takes 1
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started 16h ago•Last update 16h ago
Stournaras provides an optimistic outlook on inflation, indicating stability and a lack of major secondary impacts.
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