European Central Bank Chief Economist Lien: We need to see inflation fall further to be confident that inflation will reach the 2% target

Sina Financial News European Central Bank Chief Economist Lian En said that if energy prices are in line with the downward trend expected by the market, inflation may fall further in the short term; in the process of inflation decline, we need to see a further pullback in order to be confident enough that inflation will reach the target in time and continue to stabilize at the target level; the European Central Bank continues to adopt a data-dependent approach; data shows that inflation has fallen faster than expected in the near future; and the risk of excessive tightening and premature action must be balanced.