ECB’s Vujcic Sees Inflation Remaining Higher for Longer (opens original article in a new tab)

ECB Vice President Vujcic says inflation will stay higher for longer, supporting the central bank's recent interest rate hike, while longer-term expectations remain aligned with the 2% target.

• ECB Vice President Vujcic states inflation will remain higher for longer, into 2027
• ECB's recent interest rate hike is described as 'robust' due to sustained inflation
• Longer-term inflation expectations remain aligned with ECB's 2% target
• Wage growth does not indicate second-round effects on inflation
• ECB is monitoring inflation risks from ongoing geopolitical tensions