Economics
ECB’s Visco Says Price Increases Should Be Only Temporary
- Bank of Italy chief sees no passthrough to consumers, salaries
- Policy makers must evaluate pandemic impact on inflation
Ignazio Visco
Photographer: Alessia Pierdomenico/BloombergThis article is for subscribers only.
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Recent price increases are being driven by commodity inflation and supply-chain snags should prove only temporary, European Central Bank Governing Council member Ignazio Visco said on Saturday.