Wellink sees increased inflation concern for ECB

European Central Bank council member Nout Wellink said in an interview that the bank is ``increasingly concerned about inflation,'' echoing comments by other ECB officials.

``Winter is coming and the high crude price will be reflected in heating oil prices as well,'' said Wellink in an interview with Bloomberg in the Dutch town of Voorburg. ``If this trend continues, then wages will react as well.''

Bundesbank president Axel Weber said on 26 October that central banks sometimes need to act on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: