ICYMI – ECB's Vujčić says inflation risk still elevated, but more balanced

<p>Boris Vujčić is the Governor of the Croatian National Bank and therefore a member of the European Central Bank Governing Council. </p><p>He spoke in a seminar on Wednesday:</p><ul><li>"I still think that, particularly for the inflation outlook, risks are a bit elevated but are getting more balanced than they used to be," </li><li>said he thinks the ECB is likely to raise rates this month</li><li>said that once the bank is done hiking, it is unlikely to declare that it was done and will rather just observe data to see if further action was needed</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.