ECB’s Panetta flags prolonged sub-2% inflation, cites trade and geopolitical risks

Italian ECB Governing Council member Fabio Panetta warned that Eurozone inflation is likely to remain below the 2% target for an extended period. Speaking at a conference today, Panetta said the region continues to face a “persistently weak” economy, which, coupled with subdued price pressures, calls for caution on the monetary policy front. He pointed […]

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