The European Central Bank (ECB) will not end tapering before 2023, Governing Council member Ignazio Visco said in an interview on Thursday.
“Will maintain very favorable financing conditions for economy.”
“Expect average inflation of 3% in 2022, then gradually slow to just below 2%.”
“Inflation forecasts below 2% in 2023-24 exposed to downside and upside risks.”
“See no reason to reassess inflation target of 2%.”