The Vice -President of the ECB sees “good news” on inflation in the middle of commercial fears

The Vice -President of the ECB sees “good news” on inflation in the middle of commercial fears

The economic prospects for the euro area are complicated by the fears of a commercial war with the United States, but at least inflation is approaching 2% of the European Central Bank, the Vice President of the ECB, Luis De Guindos said on Friday.

“We have good news about inflation,” said Guindos in an event in Spain through a video link.

“If there are doubts about economic growth, the process of informant continues. We are convinced that in the next quarters we will reach our definition of price stability of 2%on a sustainable base.”

Source: Terra

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