ECB's de Guindos: Recent inflation data are positive but still far from target

  • Remarks by ECB vice president, Luis de Guindos
  • A big part of our journey to raise rates has been done
  • But there is still some way to go

He's offering a timely reminder for markets not to get too carried away even with lower headline annual inflation readings this week, and perhaps a slightly lower core annual inflation reading for the Eurozone later today.

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