ECB’s de Guindoa: We will continue in the same direction as in the past few months

European Central Bank (ECB) Vice President Luis de Guindos said on Monday, “in the near term, we will continue in the same direction as in the past few months.”

Further comments

Our confidence that inflation will converge to the target in 2025 is reflected in our monetary policy.

When there is a trade war, exchange rates become more volatile, so traditional protectionism would be very negative.

US tariff increases could lead to inflationary pressure.