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ECB's de Guindos: Euro-zone inflation is to deteriorate in the coming months

2019-06-20 15:50

The European Central Bank's (ECB) vice president Luis de Guindos crossed the wires in the last hour, saying that indicators point to very moderate global growth and the Euro-zone inflation is to deteriorate in the coming months.

Key quotes:

   •  Euro-area economic risks clearly tilted to the downside.

   •  ECB is prepared to act if deterioration continues.

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