ECB to Remain ‘Extremely Vigilant’ of Inflation Expectations, de Cos says

The European Central Bank will remain “extremely vigilant” of expectations for consumer prices to ensure they don’t surpass its medium-term goal, Governing Council member Pablo Hernandez de Cos said.

“We’ll also have to watch out for a possible de-anchoring of medium- and long-term inflation expectations above 2%,” de Cos said Monday. “In the coming months, we’ll remain extremely vigilant of these indicators.”