Economics
ECB’s Weidmann Warns Inflation May Pick Up Faster Than Expected
- German central banker says higher inflation can’t be ruled out
- ECB expects inflation to hit 1.9% in the euro area this year
Jens Weidmann
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
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European Central Bank Governing Council member Jens Weidmann warned that inflation in the euro area could pick up faster than expected, and urged not to drag out the institution’s pandemic bond-buying program.