ECB's de Guindos: Risks to growth are balanced

  • Comments from the ECB Vice President, Luis de Guindos
ECB's de Guindos
  • Growth news is better than expected
  • Interest rate level is appropriate based on information and indicators

Same old comments here from de Guindos. He acknowledges the pickup in economic activity given the previous rate cuts and the expansionary fiscal policies.

ECB members have already stated countless times that they won't respond to small or short-term deviations from their 2% target.

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