Weber sees inflation risks despite oil price fall

Germany's Bundesbank president Axel Weber said Thursday 28 September the eurozone still faces inflation risks despite the recent dip in oil prices.

There is no guarantee that the downturn in oil prices will last, he said in a speech.

"This is why it is premature now to bank on a sustained easing of inflationary risks," said Weber, who is also a member of the European Central Bank's rate-setting governing council.

"A policy which aims to maintain price stability over the medium term is more impor