ECB Vanhala says Eurozone inflation close to peak

European Central Bank governing council member Matti Vanhala on Thursday reiterated that the euro zone was close to its inflation peak but said the risks to price stability were still "upwards".

The ECB said earlier it had left the benchmark minimum bid refi rate at 4.75%. It also left its reference rate for M3 money supply growth unchanged at 4.5%.

"At this moment we saw that according to the information we now have there was no need for changes (in interest rates), although the risks for pric

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 indvidual account here: