ECB vice president Luis de Guindos speaks to Le Monde
- Won't take decision before thorough analysis
- Policy will stay accommodative for a long while yet
- ECB has a large range of tools at its disposal
- Even if energy prices fall a little in the coming months, still confident inflation will converge to ECB's target over the medium-term
In other words, he's saying that they still can't identify the root cause in which the slowdown is seen to be temporary (as they still want it to be). It's been over a year now, is it that difficult to accept facts as they are?
