ECB's Vice President de Guindos: There could be a "combination of actions" to restore inflation path

Market news

19 June 2019

ECB's Vice President de Guindos: There could be a "combination of actions" to restore inflation path

Says that risks are tilted to the downside; if they start to materialize, ECB will act accordingly
Says ECB could opt for a “combination of actions” to restore inflation
"We have a wide range of instruments available: We have forward guidance, we have TLTRO (targeted longer-term refinancing operations), we have the reinvestment of the maturities of our balance sheets — so there is an ample, you know, range of instruments that we could use, and QE (quantitative easing) is part of them"
Says if ECB sees that inflation expectations start to de-anchor, it will act

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