Category: Luis de Guindos

Euro Zone Inflation Will Take Longer to Fall Back to 2 Percent, Says ECB

December 8, 2021
Business & EconomyBusinesses in COVID-19ECBeconomic policieseconomyeuroEuropeinflationInternationalLuis de GuindosMarketsWorld
0 Comment

FRANKFURT—Euro zone inflation will take longer to fall back to target than earlier thought but so far there is no evidence that high prices are becoming embedded in wages, ECB Vice President Luis de Guindos said on Wednesday. High inflation is challenging the ECB, which has little experience dealing with rapid price growth and complicates…

Read More

Euro Zone Inflation Will Come Down Even If More Slowly, ECB’s de Guindos Says

November 5, 2021
Business & EconomyBusinesses in COVID-19CompaniesECBEconomieseuroEuropeinflationLuis de GuindosWorld
0 Comment

MADRID—Euro zone inflation is still expected to fall next year as the factors driving it remain temporary but the rate of its decline will be slower than earlier seen, European Central Bank Vice President Luis de Guindos said on Friday. “Inflation next year will undoubtedly slow down, but the intensity of the fall is perhaps…

Read More

ECB’s de Guindos Flags Structural Driver in Inflation Rise

October 4, 2021
Business & EconomyCompaniesECBEconomiesEuropeinflationInternationalLuis de GuindosriseStructuralWorld
0 Comment

FRANKFURT―The recent rise in euro zone inflation has a structural driver in supply disruptions and the European Central Bank has to watch out for any sign of wages increases, ECB vice-president Luis de Guindos said on Monday. The ECB officially expects price growth in the euro zone, which hit 3.4 percent last month, to ease…

Read More