Central Banks
Euro-Zone Soft Landing Is Central Scenario, ECB’s Vujcic Says
- He says it’s hard to judge impact war in Middle East will have
- Croatian central bank governor comments in interview
Euro-zone inflation slowed to 2.9% last month.
Photographer: Damian Lemański/BloombergThis article is for subscribers only.
The European Central Bank can engineer a return to price stability without too much of a hit to the economy though some uncertainty remains, according to Governing Council member Boris Vujcic.
“If our current projections materialize, then we will have a soft landing with a low sacrifice ratio, meaning without a recession and without a significant increase in unemployment,” the Croatian central-bank chief said in an interview.