ECB Executive Board member Piero Cipollone dismissed stagflation fears as euro area inflation hit 3.0% in April, citing anchored expectations and

ECB Executive Board member Piero Cipollone dismissed stagflation fears as euro area inflation hit 3.0% in April, citing anchored expectations and

Cipollone dismisses stagflation fears and sees stable inflation. Fed rate cut by October priced at 1.1% YES.