ECB Tightening Path Is in ‘Home Stretch,’ Guindos Tells Sole

The European Central Bank is in the final leg of its historic cycle of interest-rate increases, according to Vice President Luis de Guindos.

“We have now entered the home stretch of our monetary policy tightening path,” Guindos told Il Sole 24 Ore. “And that’s why we are returning to normality, to 25 basis-point steps.”