ECB policymakers keen to cool euphoria over inflation drop ...Middle East

ECB policymakers keen to cool euphoria over inflation dropFULL STORYThe European Central Bank needs to see further progress in dampening inflationary pressures, and companies along with governments need to chip in to prevent more policy tightening, ECB policymakers said on Wednesday.Policymakers speaking at various venues across Europe appeared keen to cool any euphoria about the rapid fall in prices, arguing that the overall picture was more mixed. Some policymakers even argued that further rate hikes should not be taken off the table."You do see some progress (in underlying inflation), but not yet enough," ECB chief economist Philip Lane said in Riga"The 'last mile' before we reach our inf

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ECB policymakers keen to cool euphoria over inflation drop ...Middle East

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