Central Banks

ECB’s Vujcic Says Risk of Undershooting Inflation Goal Has Risen

Lagarde Says ECB’s Pace of Rate Cuts ‘To Be Determined’
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The danger that the European Central Bank will fall short of its 2% inflation goal has risen, according to Governing Council member Boris Vujcic.

“Certainly the risk of undershooting the target has now increased compared to six months ago,” Vujcic told an event Monday in London.