ECB Governing Council member Koch said: Fiscal pressures in one country could quickly spread to other countries; public spending could push up inflation in the short term; and fiscal disparities could weaken the ECB’s policy transmission mechanism.
2025-11-11
ECB Governing Council member Koch said: Fiscal pressures in one country could quickly spread to other countries; public spending could push up inflation in the short term; and fiscal disparities could weaken the ECB’s policy transmission mechanism.