ECB’s de Guindos: Current ECB interest rate level is adequate

Forex Short News
  • Development of inflation is positive
  • Inflation risks are balanced

We’ve been hearing this stuff over and over again for several weeks now. The ECB has ended its easing cycle and it’s now just monitoring the economy. They’ve already stated that small or short-term deviations from their 2% target won’t call for policy action.

This article was written by Giuseppe Dellamotta at investinglive.com.