Central Banks

ECB’s Guindos Sees Services Inflation Moving Toward Lower Levels

Lock
This article is for subscribers only.

European Central Bank Vice President Luis de Guindos sees services inflation moderating, according to a radio interview with Onda Cero.

It “will move to lower levels and that is the fundamental element we use to say that inflation will converge toward 2% and that we will reach our price stability target,” he said in a live broadcast on Monday.