Centeno Says ECB Needs to Keep Monitoring Inflation, Stand Ready to Act

LISBON—Lingering uncertainty about rising inflation requires close monitoring by the European Central Bank, which sees it as a temporary trend, but it must be prepared to act flexibly, ECB Governing Council member Mario Centeno said on Thursday. “Concerning the monetary policy the best answer to uncertainty is to keep close monitoring, a steady hand and stand ready to act flexibly,” he told an online conference in Lisbon, adding that the bank had tools to respond “with agility and effectiveness”. He said growth in the euro area was expected to continue to grow rapidly, exceeding its pre-crisis level in the fourth quarter, and while inflation continued to exceed projections, “this spike is still regarded as temporary”.

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Taiwan, on Chip Information Request, Says Respects US Laws

Thu Sep 30 , 2021
TAIPEI—Taiwan respects U.S. commercial law and rules but will help Taiwanese companies if they receive any “unreasonable requests”, the government said on Thursday after the United States pressed firms to provide information on the semiconductor crisis. The White House asked automakers, chip companies and others last week to provide information […]
Taiwan, on Chip Information Request, Says Respects US Laws

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