Central Banks

ECB’s De Guindos: Global headwinds weighing on the euro

Comments from the ECB second-in-command in Madrid:

  • ECB is determined to act in case of adverse contingencies and stands ready to adjust all of its instruments, as appropriate

That’s the same language that Draghi used on Thursday.

  • Eurozone inflation expectations remain anchored
  • Says he’s confident that ECB measures can return inflation to goal
  • ECB alert to global uncertainties


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