Officials from across the euro area called for vigilance on inflation, warning there are upside risks to the European Central Bank’s medium-term outlook that already foresees price growth approaching its 2% target.
Bank of France Governor Francois Villeroy de Galhau said Friday that the difference between the new projections for 1.8% inflation in 2023 and 2024 and the ECB’s goal is within the “margin of uncertainty.”
