(Bloomberg) The European Central Bank requires additional evidence that inflation is returning to its goal before it can safely begin loosening monetary policy, according to Vice President Luis de Guindos.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillStanChart Weighs Break Up of Corporate, Investment BankThe Brutal Reality of Plunging Office Values Is HerePutin Seeks Revenge on a World Order He Once Wanted to JoinRetail Traders Are Losing Billions in India’
(Bloomberg) Better prospects for consumer prices will ultimately prompt officials to cut interest rates, European Central Bank Vice President Luis de Guindos said.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetSingapore’s $200,000 Toyotas Fuel Angst Over Wealth GapHouthi Hit on Russian Fuel Has Traders Recalculating RisksThree US Troops Killed in Attack Tied to Iran-Backed GroupsEvergrande Set for Liquidation as China Property Crisis Drags On“There has
(Bloomberg) The euro-area economy may have experienced a downturn at the end of last year and will probably continue to struggle, according to European Central Bank Vice President Luis de Guindos.Most Read from BloombergSEC’s X Account Hacked to Falsely Say Bitcoin ETF ApprovedAmazon’s Twitch to Cut 500 Employees, About 35% of StaffBottled Water Contains More Plastic Particles Than Previously ThoughtUS and Allies Met Secretly With Ukraine on Peace Plan“Soft indicators point to an economic con