ECB’s de Cos: Risks to inflation are tilted to the upside in the short term ECB CentralBanks Inflation EURUSD
European Central Bank 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.” Recent data on inflation has shown surprising upwards trends both in inflation and core inflation.More than ever it is necessary to keep all options open on monetary policy.Next move on monetary policy is clear but will be gradual and depend on data.sustains its bounce from daily lows of 1.1396 on these above comments.
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