• ECB’s de Guindos: Will keep raising rates to try to bring inflation down towards mid-term goals

Notícias do Mercado

23 novembro 2022

ECB’s de Guindos: Will keep raising rates to try to bring inflation down towards mid-term goals

European Central Bank (ECB) Vice President Luis de Guindos said on Wednesday, “the ECB will keep raising interest rates to try to bring inflation down towards our mid-term goals.”

Additional comments

Economic deceleration will not on its own bring down inflation in Eurozone.

Governments in Eurozone will have to implement prudent fiscal policies.

Market reaction

At the time of writing, EUR/USD is trading 0.18% higher on the day at 1.0318, awaiting the Eurozone PMIs.

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