De Guindos said that inflation expectations remain anchored but if industrial bottlenecks last longer than now expected and energy prices continue to rise, inflation could exceed projections and put pressure on wages.
“We have to attentive, we have to be very vigilant, we have to avoid as much as possible these second round effects,” de Guindos told a news conference. “It’s very important to avoid this wage-price spiral.”
Source: Economy - investing.com
