ECB vice president, Luis de Guindos, remarks to the Expansión newspaper

Luis de Guindos
  • ECB has not yet reached the reversal rate
  • Side effects of loose policy are more evident

Yeah but with no unanimity or unity within the governing council, I don't see that working for the time being. The remarks are a striking resemblance to the BOJ, so you sort of understand which direction that the ECB is currently heading over the next few years.