Austria’s central bank chief outlines ‘balanced’ inflation risk with ECB ready to react

Martin Kocher said the ECB will respond to the latest data. Photo: Getty

European Central Bank (ECB) governing council member Martin Kocher said officials stand ready to react to changes in the economic data even if inflation risks for the region are “quite balanced” at the moment.

“Personally, I think they are quite balanced in terms of upward and downward potential of inflation,” the new Austrian central-bank governor said.

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