ECB Sees Inflation Not Broadening Like Past Episodes
Euro zone inflation is not spreading as widely as in past episodes but policymakers are monitoring risks like surging gas prices. Portuguese central bank chief Alvaro Santos Pereira noted that officials are closely watching potential developments.
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Euro zone inflation is not broadening as widely as in past episodes, though policymakers remain vigilant against surging energy costs, according to Portugal central bank chief Álvaro Santos Pereira. The Governing Council official noted price pressures are failing to match the widespread spread seen during 2022.
