Central Banks
ECB’s Guindos Says Inflation Data Are Going in Right Direction
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Euro-area consumer-price numbers are offering some encouragement for policymakers, according to European Central Bank Vice President Luis de Guindos.
“There’s good news with inflation and not so good news on economic growth,” he said in Madrid on Thursday. “We expect services inflation to slow down in the coming months. Our expectation of inflation evolution is that it will converge in a clear and stable manner towards price stability, 2%.”