ECB’s de Cos: In the event of persistent upwards pressure on inflation, ECB has tools at its disposal

Remarks by ECB policymaker, Pablo Hernandez de Cos
Basically the same mantra that they have been repeating for many a time now but there is at least some acknowledgment that inflation may "surprise" them. We’ll see how things go in the months ahead but I reckon we’ll be headed towards a more challenging test of their