(Finance) – The European Central Bank is raising interest rates with the aim of favoring a return of inflation to target values but also to “keep the expectations of inflation “, always at levels consistent with its target. This was stated by the vice-president of the ECB, Luis De Guindos, speaking at the Economic Forum of El Norte de Castilla. “If companies perceive that the central bank is unable to control inflation, the situation becomes very complicated,” she stressed.
“We have to keep the perceptionthe feeling, the conviction “of the operators” that we are able to keep inflation “, he added, underlining that the effects of the ECB’s measures are fully felt in the real economy with a delay of 18-24 months.