ECB Must Take Weaker Growth Into Consideration, Guindos Says

AI Summary

European Central Bank Vice President Luis de Guindos highlighted concerns over weaker economic growth in the euro area due to energy supply shocks. He stressed the need for ECB considerations of growth impacts during policy formulations.

European Central Bank Vice President Luis de Guindos discusses the impact of the energy supply shock on inflation and euro-area growth. “If you look at soft indicators, sentiment indicators, these indicators clearly point at an important impact on growth,” Guindos says during an interview with Bloomberg’s Mark Schroers. (Source: Bloomberg)