Central Banks

ECB’s Cipollone Says Risks to Inflation Are ‘Very Balanced’

WATCH: “We are right on target. We will be close to target for the next two years,” Cipollone says when asked about inflation.Source: Bloomberg

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By Kriti Gupta and Alexander Weber

September 24, 2025 at 4:00 AM UTC

European Central Bank Executive Board member Piero Cipollone doesn’t see major threats to inflation in either direction, with interest rates currently well positioned.

Europe’s economy has been “quite resilient” despite the uncertainty caused primarily by trade, Cipollone told Bloomberg Television. After a slowdown this quarter, growth should resume its earlier pattern, he said.