ECB's Weber says inflation outlook requires data

European Central Bank Governing Council member Axel Weber said in an interview published Tuesday 24 April that the ECB should not neglect longer-term inflation risks.

In an interview with Handelsblatt newspaper, Weber said longer-term inflationary risks, which can be derived from growth in money supply, should not be ignored.

Weber said in the interview that economic data and other macroeconomic factors provide trends on short-term inflationary risks.