By 
Economy1 hour ago (Dec 17, 2021 10:30)
VILNIUS (Reuters) – Inflation in the euro zone may come in higher than the European Central Bank expects while growth may disappoint because of lasting supply snags and higher energy costs, ECB policymaker Gediminas Simkus said on Friday.
“Inflationary risks are on upside,” Simkus, the Lithuanian central bank governor, told reporters in Vilnius.
“The risk balance is tilted towards higher inflation, due to omicron, uncertainties, lasting supply side disruptions, higher energy prices, contagion into production prices. And this means that GDP growth risks are to the downside.”
ECB’s Simkus sees risk inflation will be higher than expected
FRANKFURT (Reuters) -The European Central Bank may be underestimating inflation risks, several conservative policymakers said on Friday, just hours after the bank extended…
FRANKFURT (Reuters) – The European Central Bank said on Friday it once again expected banks to own liquid assets covering at least the cash they would lose in the first month of…
LONDON (Reuters) -Bank of England Chief Economist Huw Pill said the central bank would need to raise interest rates further if inflation persists, a day after the BoE increased…
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Follow us
Terms And Conditions
Privacy Policy
Risk Warning
© 2007-2021 Fusion Media Limited. All Rights Reserved
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
Comments