Central Banks
ECB Must Complete Job on Curbing Inflation, Vasle Says
- Slovenian central-bank head speaks in interview in Sintra
- Tight labor markets causing some pressure on wages, he says
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The European Central Bank’s fight against inflation isn’t over yet and wage growth still poses a key risk to the price outlook, Governing Council member Bostjan Vasle said.
The euro zone — like the US — needs more certainty that its job is done, according to the Slovenian official, who said in an interview in Sintra, Portugal, that the lesson in both jurisdictions is to be “very careful” not to declare victory prematurely.