ECB’s de Guindos: Recent inflation data is good news

  • It’s been a ‘positive surprise’
  • But it is too early to declare victory
  • Increase in wages can still have an impact on inflation
  • Monetary policy stance will be data-dependent

Expect this to be the mantra that we hear from the ECB at next week’s policy meeting as well.

This article was written by Justin Low at Source