- ECB’s de Guindos: ECB will stick to communicating monetary policy on meeting by meeting basis
Market news
21 April 2023
ECB’s de Guindos: ECB will stick to communicating monetary policy on meeting by meeting basis
European Central Bank (ECB) Vice President Luis de Guindos is delivering a speech at "Catedra de Economía y Sociedad" organized by Fundación La Caixa in Madrid.
Key quotes
I'm convinced that core inflation will also come down, but starting point is very high.
ECB will stick to communicating monetary policy on meeting by meeting basis, data dependency, will not shift to forward-guidance for months.
Market reaction
These comments fail to have little impact on the Euro. The EUR/USD pair is trading at 1.0952, losing 0.12% on the day, as of writing.
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