Jin10 data July 4th news, European Central Bank governing council member Wunsch stated that inflation risks are pointing downwards rather than upwards. In his speech, he cited the decline in energy prices, the continued strengthening of the euro, and the uncertain outlook for economic growth as reasons for his assessment. Wunsch indicated that the neutral interest rate level may not be sufficient, providing rationale for moderate supportive monetary policy.
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Wenshi: The downside risk of inflation is greater than the upside risk.
Jin10 data July 4th news, European Central Bank governing council member Wunsch stated that inflation risks are pointing downwards rather than upwards. In his speech, he cited the decline in energy prices, the continued strengthening of the euro, and the uncertain outlook for economic growth as reasons for his assessment. Wunsch indicated that the neutral interest rate level may not be sufficient, providing rationale for moderate supportive monetary policy.