mame32gameslist| European Central Bank Executive Director Cipollone: Policy will be relaxed if inflation trends continue
European Central Bank Executive Director Piero Cipollone saidmame32gameslistIf the slowdown in consumer price growth continues, the ECB may relax its monetary policy stance.
The Italian official, who is attending the spring meetings of the International Monetary Fund and World Bank in Washington, said if future data confirms that inflation is returning to the 2% target,"cancel."mame32gameslistSome of the restrictive measures we implement in 2023 will be appropriate."
"We expect inflation to remain more or less at this level for the rest of the year," he said at the IIF Global Outlook Forum on Wednesday. "We expect inflation to continue to fall next year."
Cipollone said the possible rise in oil prices caused by rising tensions in the Middle East was "one of the main concerns."
