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ECB Policymaker Calls for Faster Action Against Inflation Risks

GateNews

2026-05-31 13:25:35

Alvaro Santos Pereira, a European Central Bank policymaker and governor of Portugal's central bank, called for the ECB to act decisively on inflation, saying early action is preferable to later intervention to avoid larger secondary effects. Pereira emphasized concerns about potential inflationary spirals, stating the central bank must act quickly when price pressures are evident, rather than hoping conditions improve on their own. He added that controlling inflation is a priority over concerns about economic slowdown.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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