ECB’s Guindos Says He’s Optimistic About Inflation Reaching 2%

European Central Bank Vice President Luis de Guindos said the latest inflation readings leave him optimistic that policymakers are on the right track to deliver on their 2% target.

The Governing Council has received “some positive surprises” lately, Guindos told Croatian television station HRT1. He reiterated that all future decisions will depend on incoming information — including updated economic projections available at the ECB’s next policy meeting in early March.