ECB’s Vujčić: Sometimes a soft landing is not possible

European Central Bank (ECB) policymaker Boris Vujčić said on Tuesday that core inflation pressures remain high in the Eurozone, as reported by Reuters.

Regarding future policy actions, Vujčić noted that they have to consider the risk of doing too much vs too little, adding that a soft landing might not be possible.

Market reaction

These comments don't seem to be having a noticeable impact on the Euro's performance against its rivals. As of writing, EUR/USD was trading at 1.0930, where it was up 0.08% on a daily basis.