ECB’s de Guindos: Will keep raising rates to try to bring inflation down towards mid-term goals

European Central Bank (ECB) Vice President Luis de Guindos said on Wednesday, “the ECB will keep raising interest rates to try to bring inflation down towards our mid-term goals.”

Additional comments

Economic deceleration will not on its own bring down inflation in Eurozone.

Governments in Eurozone will have to implement prudent fiscal policies.