ECB de Guindos hopes recent depreciation in Euro is reversed in near future

ECB Vice President Luis de Guindos told a Portuguese newspaper Expresso, “the slowdown of the economy is not going to ‘take care’ of inflation on its own.” “The slowdown of the economy will reduce demand pressures, which will lower inflation,” he added. “But, simultaneously, we have to act from the monetary policy standpoint to keep […]

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