ECB’s de Guindos: Present policy stance is appropriate

Forex Short News
  • We must continue having a very prudent approach
  • Environment is quite uncertain
  • Growth in H2 won’t be very different from Q2
  • Risks from fiscal policy are becoming more tangible
  • Growth risks are now much more balanced
  • Valuation of markets are very elevated
  • We have to accept small deviations from the inflation goal

We already got his views yesterday here and he’s obviously not saying anything new here.

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