ECBs Escriva: Risk to inflation remains balanced ...Middle East

ECBs Escriva does not want to be left out and says:Risk to inflation remains balanced.Yesterday Escriva in a interview to a Spanish newspaper said:ECB board member Jose Luis Escriva sees no clear signs of inflation drifting up or down to change the current outlook.Inflation is approaching the 2% target, according to September projections.Risks include inflation being higher or lower than expected, but no additional fluctuations are currently seen.Interest rate decisions for December remain flexible and data-dependent.Escriva emphasized that neutral interest rate estimates are uncertain and of limited value for monetary policy. This article was written by Greg Michalowski at

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