ECB’s de Guindos: All indicators on core inflation pointing in the right direction

Source Fxstreet

European Central Bank (ECB) Vice President Luis de Guindos said on Thursday that “all indicators on core inflation are pointing in the right direction.”

Additional quotes

Inflation has come down quite a lot.

Recent data on prices are heading towards our 2% goal.

If inflation converges towards our goal, then monetary policy will respond accordingly.

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