ECB's de Cos: Risks to eurozone inflation outlook remain on upside and have intensified
|The European Central Bank Pablo Hernández de Cos is crossing the wires and has said that there are risks to the eurozone inflation outlook that remain on the upside and have intensified, ‘, particularly in short term’. de Cos has stated that the risks include lasting deterioration of the economy in the eurozone, and persistently high energy & food prices. ''The ECB stands ready to adjust all instruments to ensure inflation stabilises at 2% medium-term target.''