- Growth news is better than expected
- Interest rate level is appropriate based on information and indicators
Same old comments here from de Guindos. He acknowledges the pickup in economic activity given the previous rate cuts and the expansionary fiscal policies.
ECB members have already stated countless times that they won’t respond to small or short-term deviations from their 2% target.
This article was written by Giuseppe Dellamotta at investinglive.com.
