Boris Vujčić, Governor of the Croatian National Bank, warns ECB to avoid disproportionate reactions to temporary fall in inflation below 2%
Raluca Ioana Draghici
Economy
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<p>Boris Vujčić, Governor of the National Bank of Croatia and member of the ECB's Governing Council, emphasized that fluctuations in euro area inflation should not prompt aggressive monetary policy measures. He believes that a minor deviation below the 2% target is normal and that prices could return on an upward trajectory due to economic recovery. He also said the appreciation of the euro should not have significant effects on prices unless it becomes a long-term trend.
Sources
BCE, apel la calm: Inflația sub 2% nu e motiv de panică, spune un oficial
BCE nu ar trebui să reacţioneze exagerat dacă inflaţia coboară sub 2%, transmite un oficial al instituției
Boris Vujcic: BCE nu ar trebui să reacționeze în mod exagerat dacă inflația din zona euro scade sub ținta de 2%
Un oficial de la BCE crede că instituția monetară nu ar trebui să reacționeze exagerat dacă inflația coboară sub 2%
BCE nu ar trebui să reacționeze exagerat la o inflație sub 2%, avertizează Boris Vujcic
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