ECB’s de Guindos: Ready to modify policy if new data confirm our recent assessment

European Central Bank (ECB) Vice President Luis de Guindos expressed his view on the central bank’s policy outlook during his appearance on Wednesday.

Key takeaways

Recent inflation outlook has been very positive, prices will continue to decline, we need to be sure that prices will move towards our 2% target.

If new data confirm our recent assessment, ECB’s governing council will modify its monetary policy.