12/4/2023, 10:02 AM (Source: TeleTrader)
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ECB's de Guindos: Monetary policy will be data-dependent

European Central Bank (ECB) Vice-President Luis de Guindos said on Monday that the monetary policy stance will be data-dependent, adding that the ECB leaders will move "from meeting to meeting."

While speaking at the opening of the Banking Transformation conference in Madrid, he said that the latest inflation data was good news and "a positive surprise," but it is "too early to declare victory." De Guindos also pointed out that wage increases could still have an impact on inflation.

Baha Breaking News (BBN) / DD