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ECB's Makhlouf says he is uncomfortable with where inflation is, acknowledged that upside risks remain

ORIGINAL · NewsquawkECB's Makhlouf says he is uncomfortable with where inflation is, acknowledged that upside risks remainRead originalHide original

Indirect price impact is present but not intensifying, and no second-round effects have been observed.

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Makhlouf expressed discomfort with the inflation situation and acknowledged upside risks; the report said indirect price impacts were not intensifying and no second-round effects had been observed.

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Indirect price impact is present but not intensifying, and no second-round effects have been observed.

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