BREAKING NEWS
This content is not available in your region

ECB stands ready to adjust all tools as needed: de Guindos

Access to the comments Comments
ECB stands ready to adjust all tools as needed: de Guindos
FILE PHOTO: Vice-president of the European Central Bank Luis de Guindos attends a news conference in Vilnius, Lithuania June 6, 2019. REUTERS/Ints Kalnins   -   Copyright  INTS KALNINS(Reuters)
Text size Aa Aa

FRANKFURT (Reuters) – The European Central Bank is ready to adjust all of its instruments to raise inflation back to target even amid a growth slowdown, ECB Vice President Luis de Guindos said on Monday, largely repeating the bank’s most recent policy message.

“We remain alert in the wake of mounting global uncertainties,” de Guindos said in Madrid. “The Governing Council is, therefore, determined to act in case of adverse contingencies and also stands ready to adjust all of its instruments, as appropriate.”

(Reporting by Balazs Koranyi; editing by John Stonestreet)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.