Economics

ECB’s Centeno Can’t Rule Out Stagflation Amid Russian Attack

  • Portuguese governor speaks in interview with Bloomberg
  • ECB has said it will do what’s needed to secure stability
WATCH: “A scenario close to stagflation is not out of the possibilities,” Mario Centeno says.Source: Bloomberg
Lock
This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

The euro zone could be vulnerable to stagflation in the wake of the Russian attack on Ukraine, according to European Central Bank Governing Council member Mario Centeno.