There is no sign of unanchoring inflation expectations -Holzmann, ECB

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There is no indication of a de-anchoring of market expectations for inflation, European Central Bank monetary policy chief Robert Holzmann said on Wednesday in slides accompanying a speech he gave at a Euromoney conference on Central and Eastern Europe.

“There are no signs of unanchoring in inflation expectations,” read one point on a slide on inflation.

On a slide on recent rate hikes, he added: “Policy interest rates will have to rise significantly higher to reach levels that are sufficiently restrictive to ensure a timely return of inflation to the 2% medium-term target.”

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