ECB's de Guindos: Underlying inflation to accelerate in the medium-term

Author: Justin Low | Category: Central Banks

Comments by ECB vice president, Luis de Guindos

  • But expects Eurozone inflation to continue to slow in the next few months
  • ECB will be prudent in setting monetary policy
We've been hearing this same old story for quite some time now. Recent reports have shown that inflation has been suffering a little but core inflationary pressures have been holding up. That's about the only positive takeaway from recent data; that inflation is barely keeping up though the trend isn't really remarkably worth noting to justify rate hikes.

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