• ECB’s de Guindos: Inflation in services is the most worrying for the ECB

Market news

18 May 2023

ECB’s de Guindos: Inflation in services is the most worrying for the ECB

European Central Bank (ECB) Vice President Luis de Guindos is delivering a scheduled speech on Thursday, noting that “inflation in services is the most worrying for the ECB.”

“We see investment funds as the biggest risk for EU finance,” he added.

Market reaction

EUR/USD was last seen trading at 1.0827, down 0.12% on the day.

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