Inflation expectations rise if prices in the euro area rise for a long time = Finnish central bank governor

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Inflation expectations rise if prices in the euro area rise for a long time = Finnish central bank governor

[Frankfurt, 19th Reuters] --European Central Bank (ECB) board member Lane Finland, the central bank's governor, said on the 19th that inflation in the euro area is generally transient, but if it is prolonged, households and businesses He said inflation expectations could rise. "Prolonged inflation will have a bigger impact on inflation expectations," Lane said in a speech. "In fact, both the industrial and retail sectors have begun to improve th…