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10 months ago
Euro zone inflation will soon move sharply higher: Draghi
October 8, 2016 / 5:31 PM / 10 months ago

Euro zone inflation will soon move sharply higher: Draghi

WASHINGTON, Oct 8 (Reuters) - Euro zone inflation will soon move decisively higher and so far there is no evidence that low inflation has become embedded in wage setting, European Central Bank President Mario Draghi said on Saturday.

Speaking at the International Monetary Fund's annual meeting, Draghi added that euro zone growth appeared to have stabilised.

Reporting by Balazs Koranyi

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