Central Banks

ECB Mustn’t Be Complacent on Inflation, Vujcic Says

European Central Bank Governing Council member Boris Vujcic

Photographer: Milan Jaros/Bloomberg

The European Central Bank must remain alert to dangers despite officials having wrested back control over prices, according to Governing Council member Boris Vujcic.

“Although inflation is back at our medium-term target again, the overall economic and geopolitical environment leave no room for complacency,” Vujcic told European Union lawmakers before his expected confirmation as the ECB’s next vice president.