ECB: The evolution of the interest rate after March will depend on the data – Luis de Guindos

The vice-president of the European Central Bank (ECB), Luis de Guindos, gave a speech this Friday before the students of the CUNEF University entitled “Perspectives of the euro zone and future of monetary policy”. There will then be a question and answer session.

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The evolution of the interest rate after March will depend on the data.

Headline inflation will continue to decline and could be below 6% by mid-year.

However, core inflation could have a more stable behavior.

The Eurozone economy is doing better than expected.

Fears of a recession in the Eurozone are fading.

Banks should use their profits to increase provisions.

Inflation will hurt national finances in the short term.

Source: Fx Street

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