MADRID, Feb 28 (Reuters) – Inflation is expected to continue to fall, but the European Central Bank (ECB) needs more data before it starts cutting interest rates, Vice President Luis de Guindos said. of the ECB, Wednesday.
The ECB has kept rates at a record level since September and continues to rule out a rate cut, arguing that wage growth is still too strong to start easing its restrictive policy.
(Editor Jesús Aguado, with Emma Pinedo, French version Corentin Chappron)
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