ECB must be 'vigilant' as inflation may surprise, Nagel says

France Nouvelles Nouvelles

ECB must be 'vigilant' as inflation may surprise, Nagel says
France Dernières Nouvelles,France Actualités
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SaltWire's Atlantic regional weather forecast for November 7, 2023 | SaltWireFRANKFURT - The European Central Bank must remain"vigilant" because inflation in the euro zone may still come in higher than expected, fuelled by wage growth and shrinking labour supply, ECB policymaker Joachim Nagel said on Tuesday.

"It is imperative to remain vigilant," Nagel told an event in London."There is a lot of uncertainty surrounding the outlook, and we still face risks that the inflation outlook could turn out higher than expected."

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