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ECB’s Dolenc Sees Case for Further Tightening

ECB policymaker Primož Dolenc said persistent InflationA broad rise in prices that reduces money’s purchasing power. Central banks watch inflation because it affects interest-rate decisions.Read More and upside risks could justify further interest-rate increases. He stressed that the timing and size of any hike will depend on incoming economic data and be decided on a meeting-by-meeting basis.

ECB policymaker Primoz Dolenc told Reuters that persistent inflation and unresolved conflicts SupportAn area where buyers have previously absorbed enough selling to slow or reverse a fall. It is a zone of interest, not an invisible floor.Read More further tightening, but its timing and size must depend on incoming data. He also pointed to limited transmission of energy costs into underlying inflation and no second-round wage effects so far. The interview describes his assessment of the risks; it does not announce a rate increase or establish a timetable for the governing council.

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