ECB’s de Cos: General perception is that monetary policy will keep expansive tone 'during dilated time'

Touching upon the topic of monetary policy, the European Central Bank (ECB) Governing Council member and Spanish central bank chief Pablo Hernandez de Cos said, the general perception is that the ECB’s monetary policy will keep expansive tone 'during the dilated time'.

“The longer the inflation increases lasts, the likelier it will gain persistence,” he added.