Core Viewpoint - The European Central Bank (ECB) faces increasing risks of inflation remaining below target due to economic weakness in the second quarter [1] Group 1 - The risk of inflation being below the target is greater than the risk of it being above the target [1]

Core Viewpoint - The European Central Bank's Governing Council member, Centeno, indicates that the economic weakness in the second quarter may exacerbate the risk of inflation being too low, suggesting that the risk of inflation falling below expectations is greater than the risk of it exceeding expectations [1] Economic Outlook - The second quarter is characterized by economic weakness, which could lead to lower inflation rates [1] - The risks associated with inflation being lower than anticipated are emphasized as more significant than those of inflation being higher than expected [1]