ECB stands ready to adjust all tools as needed: de Guindos
Tweet
Share
E-mail
FILE PHOTO: Luis de Guindos, vice-president of the European Central Bank, speaks during a Reuters Breakingviews event in New York, U.S., April 25, 2019. REUTERS/Brendan McDermid
FRANKFURT (Reuters) - The European Central Bank is ready to adjust all of its instruments to raise inflation back to target even amid a growth slowdown, ECB Vice President Luis de Guindos said on Monday, largely repeating the bank's most recent policy message.
"We remain alert in the wake of mounting global uncertainties," de Guindos said in Madrid. "The Governing Council is, therefore, determined to act in case of adverse contingencies and also stands ready to adjust all of its instruments, as appropriate."
(Reporting by Balazs Koranyi; editing by John Stonestreet)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- About 300 people evacuated in Paris suburb due to 'suspicious' car near synagogue
- South China Sea joint statement says China's maritime claims have no basis
- India's Tata Consultancy Services plans up to 8,900 AI deployment engineers, seeks AI acquisitions
Create E-mail Alert Related Categories
ReutersRelated Entities
European Central BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
