EU Commissioner says ECB must react to rising inflation

Valdis Dombrovskis says the ECB must react to rising inflation. The EU forecasts 3.1% inflation this year, which is above the central bank's 2% target.

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European Economy Commissioner Valdis Dombrovskis said the European Central Bank must react to inflation forecast to reach 3.1% this year. The 3.1% projection exceeds the ECB target of 2%. Investors face potential policy tightening as the central bank aligns with its price stability mandate.

Bridging the Gap to the 2% Target

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