• ECB’s de Guindos: Recent inflation data is good news

Market news

4 tháng 12 2023

ECB’s de Guindos: Recent inflation data is good news

Commenting on last week’s inflation data release, European Central Bank (ECB) Vice President Luis de Guindos said on Monday, “recent inflation data is good news but it is too early to declare victory.”

Additional quotes

It's been a 'positive surprise'.

Increase in wages can still have an impact on inflation.

Monetary policy stance will be data-dependent.

Market reaction

At the time of writing, EUR/USD is trading modestly flat on the day at 1.0876. 

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.