FRANKFURT, Feb 10 (Reuters) – The European Central Bank (ECB) will only raise its main interest rate “if and when” inflation stabilizes at its 2% target and regardless of what other institutions do. emissions, said Luis de Guindos, the vice-president of the ECB, on Thursday.
“It’s natural that central banks around the world don’t necessarily start raising rates at the same time,” Luis de Guindos told a lecture at the London School of Economics and Political Science.
“We are guided by our guidance on the likely future course of monetary policy (forward guidance) and we will act if and when the conditions have been met,” he added. (Report by Francesco Canepa and Balazs Koranyi, French version Laetitia Volga, edited by Blandine Hénault)