Economics
ECB’s Kazaks Sees Prospect of Faster Inflation Than Forecast
- Latest euro-area inflation projections could be revised higher
- Kazaks doesn’t yet see 2% goal reached in medium term
Photographer: Amelie Querfurth/AFP/Getty Images
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The euro area’s inflation outlook may turn out higher than currently anticipated if the coronavirus doesn’t inflict any further shocks, according to European Central Bank Governing Council member Martins Kazaks.