ECB’s de Guindos: I see inflation approaching the ECB’s target

• I see inflation approaching the ECB’s target.
• I’m not sure where ECB interest rates will end up.
• Neutral rate is not very useful in policy setting.
• May see inflation tick up in the next months on energy.
• The vicious circle of trade tariffs should be avoided.

This article was written by Giuseppe Dellamotta at www.forexlive.com.