Risks to inflation in the euro zone are now balanced, ECB’s De Cos says

Risks to inflation in the euro zone are now balanced, ECB’s De Cos says

Risks to inflation in the euro zone are now balanced, ECB's De Cos saysWORLDMiddle EastAfricaIndian Sub-continentChina and Asia Pacific UK and EuropeAmericasRussiaECONOMYGlobalGCCAfricaLevantNorth AfricaISLAMIC ECONOMYIslamic FinanceIslamic BusinessIslamic Finance ReportsIslamic Finance GlossaryBUSINESSAviationBanking & InsuranceCareersEducationEnergyFintechHealthcareHospitalityManufacturingReal EstateRetail & ConsumerTechnology and TelecomTransport and LogisticsTravel and TourismSMEsFinance MarketingTechnologyLegalPeopleMARKETSCommoditiesCurrenciesEquitiesFixed IncomeWEALTHAlternative InvestmentsFundsWealth ManagementSustainabilityLEGALCrime and SecurityImmigrationPolicy RegulationsLIFECultureEntertainmentFoodHealthLeisure & TravelSportsOPINIONBusiness InsightsPROJECTSBRIConstructionIndustryMiningOil & GasUtilitiesSPECIAL COVERAGERamadan and Eid 2023COP 28: Talking Climate in UAEUAE Realty MarketThe Future of CryptosFocus: Global Wealth FundsRussia-Ukraine CrisisMULTIMEDIAGalleriesVideosPRESS RELEASE Companies NewsGovernment NewsPeople in the NewsResearch & StudiesEvents and ConferencesAfrica Press ReleasesAsia Press ReleasesHome page>WORLD>UK and Europe>Risks to inflation in th...PHOTOMADRID, Sept 20 (Reuters) - Risks to inflation in the euro zone are now balanced as some factors such as an increase in energy and food prices and higher wages could be offset by weaker demand due to the impact from stronger monetary policy transmission, ECB policymaker Pablo Hernandez de Cos said on Wednesday.The ECB raised its main interest rate on Thursday to a record high 4% and signalled its latest hike was likely to be the last as the euro zone's economy slows after moving to bring inflation lower over more than a year.(Reporting by Jesús Aguado; Editing by David Latona)Disclaimer: The content of this article is syndicated