Correspondent, Toronto, Canada
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Jun 9, 2014

ECB’s Noyer – Falling inflation increases deflation risk in Europe

MONTREAL, June 9 (Reuters) – European Central Bank
policymaker Christian Noyer highlighted low and falling
inflation on Monday as Europe’s main short-term problem, saying
it heightened the risk of actual deflation and could threaten
economic recovery.

“The main challenge, of course, is low and declining
inflation, with inflation expectations in the euro area drifting
downward at short to medium-term horizons,” Noyer, the French
central bank chief and member of the ECB board, told the
economic Conference de Montreal.

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    • About Alastair

      "Canada tech, media and telecoms reporter based in Toronto, with emphasis on Research In Motion and including coverage of Rogers, Bell Canada, Telus, the new mobile entrants and the tech companies filling in the gaps. Previously spent two years in Cairo bureau chasing Orascom Telecom's Naguib Sawiris. Prior to that, spent a year learning the ropes in London."
      Joined Reuters:
      2007
      Languages:
      English, Arabic
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