The euro zone inflation increased to 3% year-on-year in August, the highest in a decade and far above the European Central Bank's 2% target and a 2.7% forecast by a Reuters poll
England players are seeking assurances their family members would be allowed to join them in Australia and the ECB is currently in talks with Cricket Australia to secure that passage
When the ECB decides it is time to tighten policy, Weidmann expected the central bank would first end its PEPP emergency bond purchase programme before scaling back its APP purchase plan
Among its conclusions, it said longer periods of ultra-low inflation such as the current one require "especially forceful or persistent" support -- an ambiguous formulation that is proving difficult to convert into actual policy.
ECB chief on June 10 said it was "too early" to consider winding down pandemic support, even as the economic recovery gathers steam and inflation surges.
Investors this week will also focus on the Bank of England's monetary policy meeting on Thursday and the release of euro area flash PMI data on Friday.
Central bankers in the euro zone and around the world are debating what their role should be in the fight against climate change.
"Another possibility would be to pursue a more sophisticated 'tilting strategy' under which the ECB could adjust its monetary policy operations more gradually in line with sustainability considerations," Schnabel said.