Categories: World

Euro zone inflation set to hold around target, Nagel says

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TDG Syndication

WASHINGTON, Oct 18 (Reuters) - Euro zone inflation is set to remain around the European Central Bank's 2% target for years, Bundesbank President Joachim Nagel said on Saturday, pushing back on some colleagues who have warned about the risk of consumer price growth going too low. "We are pretty much on our target for the next years," Nagel told a financial conference in Washington. "I can say I'm rather confident... the inflation story looks good." (Reporting by Balazs Koranyi; Editing by Jan Harvey) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TDG Syndication
Published by TDG Syndication