ECB's Tumpel-Gugerell sees no deflation risk

Central Banking staff
13 Jun 2003

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The ECB's newest council member Gertrude Tumpel-Gugerell has said she sees neither symptoms of deflation nor the risk of deflation.

Source: Frankfurter Allgemeine Zeitung

European Central Bank council member Gertrude Tumpel-Gugerell anticipates no risk of deflation in Europe, Frankfurter Allgemeine Zeitung said, citing an interview.

"At the moment in the euro zone I see neither symptoms of deflation nor the risk of deflation," the newspaper cited Tumpel-Gugerell as saying.

Inflation may slow to

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