Issing says ECB must check inflation expectations

European Central Bank Chief Economist Otmar Issing said it's important for the bank to prevent expectations of inflation from rising excessively, the Nihon Keizai newspaper said, citing an interview with Issing.

A gain in expectations for inflation in the euro zone has been moderate, he said, adding that Europe's central bank should carefully monitor indicators to gauge such expectations.

The ECB needs to send a warning to check undesirable moves regarding expectations for inflation, Issing said

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