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MNI BRIEF: Big Disinflation Risk From China -ECB's Cipollone

MNI (ROME) - The eurozone faces both upside and downside inflation risks, but the risk which should most worry the European Central Bank is a potential diversion of Chinese exports as a result of U.S. tariffs, ECB Executive Board member Piero Cipollone told an MNI Connect livestreamed event.

They [the Chinese] have to sell their goods somewhere,” he said.

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MNI (ROME) - The eurozone faces both upside and downside inflation risks, but the risk which should most worry the European Central Bank is a potential diversion of Chinese exports as a result of U.S. tariffs, ECB Executive Board member Piero Cipollone told an MNI Connect livestreamed event.

They [the Chinese] have to sell their goods somewhere,” he said.

Keep reading...Show less