ECB must be attentive and vigilant on inflation: de Guindos - NewsBreak
By Frank in Business
Updated 2 years ago
FRANKFURT (Reuters) - The European Central Bank must be "attentive" and "vigilant" with regard to inflation as a lingering price shock could seep into underlying price growth via wages, ECB Vice President Luis de Guindos said on Wednesday. De Guindos said that inflation expectations remain anchored but if industrial bottlenecks last longer than now expected and energy prices continue to rise, inflation could exceed projections and put pressure on wages.