ECB’s de Guindos: Inflation could tick up again in next few months
European Central Bank (ECB) Vice President Luis de Guindos said on Friday that the risks to the European economic outlook are tilted to the downside.
De Guindos added that inflation could tick up again in the next few months but noted that the current interest rate for long enough could tame inflation.
Market reaction
These comments don't seem to be having a significant impact on the Euro's performance against its major rivals. As of writing, EUR/USD was virtually unchanged on the day at 1.0908.
Reprinted from FXStreet_id,the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.