ECB's de Guindos sees structural driver in inflation rise By Reuters

ECB’s de Guindos sees structural driver in inflation rise By Reuters

by

[ad_1]


© Reuters. FILE PHOTO: European Central Financial institution (ECB) Vice-President Luis de Guindos attends an European Union finance ministers assembly in Brussels, Belgium January 21, 2020. REUTERS/Johanna Geron//File Picture

FRANKFURT (Reuters) – The current rise in euro zone inflation has a structural driver in provide disruptions and the European Central Financial institution has to observe for any signal of second-round results on wages, ECB vice-president Luis de Guindos stated on Monday.

“This inflation enhance isn’t solely responding to base results however can also be a element that’s going to have a extra structural impression,” de Guindos informed a Spanish occasion, citing provide bottlenecks, distortions within the markets for items and providers and better power prices.

“That is having an impression that goes past what we have been anticipating just a few months in the past.”

Disclaimer: Fusion Media wish to remind you that the info contained on this web site isn’t essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs usually are not supplied by exchanges however reasonably by market makers, and so costs is probably not correct and will differ from the precise market worth, which means costs are indicative and never acceptable for buying and selling functions. Subsequently Fusion Media doesn`t bear any accountability for any buying and selling losses you would possibly incur because of utilizing this knowledge.

Fusion Media or anybody concerned with Fusion Media is not going to settle for any legal responsibility for loss or injury because of reliance on the knowledge together with knowledge, quotes, charts and purchase/promote alerts contained inside this web site. Please be absolutely knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is among the riskiest funding kinds doable.


[ad_2]

Source

Leave a Comment