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European Central Bank Governing Council Member Dorentz: Core inflation is stabilizing, persistently high inflation supports more restrictive policy rates

European Central Bank Governing Council Member Dorentz: Core inflation is stabilizing, persistently high inflation supports more restrictive policy rates

智通财经智通财经2026/10/08 08:36
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⑴ European Central Bank’s Holzmann stated that core inflation is stabilizing, which to some extent indicates that overall price pressures are under control. ⑵ ECB Governing Council member Holzmann expressed that persistently high inflation supports the view that policy rates should be adjusted to more restrictive levels. ⑶ Inflation risks are tilted to the upside due to oil, natural gas, food, and robust growth. ⑷ The timing and scale of any action will be decided at each meeting. ⑸ More stable core indicators provide some reassurance, suggesting that broader price pressures are being contained.

(1) ECB's Dolenc stated that core inflation is stabilizing, which to some extent indicates that overall price pressures are being controlled. (2) ECB Governing Council member Dolenc said that persistently high inflation supports the view of adjusting policy rates to a more restrictive level. (3) Inflation risks are tilted to the upside due to oil, natural gas, food, and strong growth. (4) The timing and scale of any actions will be decided at each meeting. (5) More stable core indicators provide a certain degree of assurance, indicating that broader price pressures are being contained.
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