ECB Vice-President de Guindos on Inflation, Fiscal Policy, and Banking Resilience in Europe
Central bank independence and inflation:De Guindos emphasized that central bank independence is crucial for controlling inflation and maintaining public confidence. He cited the ECB’s performance during October 2022, when inflation was above 10%, yet expectations remained anchored at 2% due to the ECB’s credibility. He stressed that independence allows monetary policy to focus on price […]