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ECB's Kazimir toes line on temporary inflation surge

ECB's Kazimir toes line on temporary inflation surge
ECB's Kazimir toes line on temporary inflation surge   -   Copyright  Thomson Reuters 2021   -  
By Reuters

<div> <p><span class="caps">FRANKFURT</span> – The current surge in euro zone inflation is temporary because supply disruptions should fade as more people are vaccinated against <span class="caps">COVID</span>-19, European Central Bank policymaker Peter Kažimír said on Monday, repeating the <span class="caps">ECB</span>’s official view on the matter.</p> <p>“(The) inflation surge (is) to (a) large extent temporary,” he said on Twitter shortly before speaking at an event. “Supply chain bottlenecks should disappear gradually as vaccination increase(s).” </p> <p/> </div>