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ECB Is ‘Unwavering’ in Ensuring Price Stability, Guindos Says

Monetary PolicyInflationGeopolitics & WarEnergy Markets & Prices

ECB Vice President Luis de Guindos said the ECB is closely monitoring the economic effects of the Iran war and remains determined to achieve price stability. His comments signal vigilance on inflation risks from geopolitical tensions and a readiness to adjust policy if necessary to protect the inflation target.

Analysis

ECB Vice President Luis de Guindos said the ECB is closely monitoring the economic effects of the Iran war and remains determined to achieve price stability. His comments signal vigilance on inflation risks from geopolitical tensions and a readiness to adjust policy if necessary to protect the inflation target.

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