The euro zone inflation is not where the European Central Bank wants it, ECB pol...
FILE PHOTO: Fifty-euro notes are seen at the Belgian Central Bank in Brussels in this December 8, 2011 file photo. REUTERS/Yves Herman
MILAN - The euro zone inflation is not where the European Central Bank wants it, ECB policymaker Klaas Knot said in an interview published by Italian daily Corriere della Sera on Sunday. The current situation “is not full convergence to below but close to 2%, I think. We have a figure in mind that is clearly closer to 2% than the number we have seen over the last five, six years or so,” said Knot, the Dutch central bank governor.
“The only thing that we can do is to keep the pressure up, make sure the economy continues to perform at high levels of capacity utilization and the economy continues to print GDP numbers in excess of potential growth. At some point this chain of events will also lead to higher prices.”
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Euro zone banking at risk of dangerous fragmentation, ECB warnsEuro zone banks are turning away from cross-border activity, putting at risk the...
Weiterlesen »
ECB has given Carige 'about a month' to find a market solution: sourceThe European Central Bank has given troubled Italian lender Carige 'about a...
Weiterlesen »
Euro zone banking at risk of dangerous fragmentation, ECB warnsEuro zone banks are turning away from cross-border activity, putting at risk the...
Weiterlesen »
Euro zone April inflation confirmed at 1.7%, core rate revised upEuro zone prices rose by 1.7 percent in April, EU statistics agency Eurostat con...
Weiterlesen »
Fed's Neel Kashkari says he is not yet in the rate cut campMinneapolis Fed President Neel Kashkari joins 'Squawk Box' to discuss his thoughts on monetary policy, the economy and inflation rates.
Weiterlesen »
Koepka is no Tiger, at least not yet says ScottBrooks Koepka has won plenty of admirers with his runaway performance at the PGA...
Weiterlesen »
Euro zone worried Greek spending plans may threaten surplus targetEuro zone finance ministers are worried that recent tax and spending measures fr...
Weiterlesen »
Euro zone industry output dragged down by France, ItalyEuro zone industrial production fell in March for a second straight month as out...
Weiterlesen »
Fed wants to better understand public's views on inflation, jobs: RosengrenThe Federal Reserve is working to better understand how the general public weigh...
Weiterlesen »
Gucci Is Being Criticized For Cultural Appropriation Yet Again, And I Am Just TiredFor some reason, luxury brands are still picking from other cultures without proper recognition, research, or respect. Gucci is the latest one.
Weiterlesen »