ECB’s Vujčić: Central bank faces possibility of new inflation shocks
Source Fxstreet
In an interview with CNBC on Tuesday, European Central Bank (ECB) policymaker Boris Vujčić said, the central bank “faces possibility of new inflation shocks.”
He further noted that “higher defence spending will contribute somewhat to inflation pressures.”
Market reaction
These comments have little to no impact on the Euro, as EUR/USD rises 0.15% on the day near 1.1800, as of writing.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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