26 Feb 2018
Spain's de Guindos has been crossing the wires
Spain's de Guindos has been over the wires over the beginning of the New York session.
Key comments (Live Squawk):
- Spain’s de Guindos: ECB focusing on price stability has been successful.
- Spain’s de Guindos euro area integrity has been preserved by ECB.
- Spain's de Guindos: euro area would benefit from acceleration in NPL reduction.
- Spain's de Guindos: nobody doubts euro area price stability.
- Spain’s de Guindos: ECB ‘did a good job’ in re-anchoring infl. Expectations.
- Spain's de Guindos: hopes inflation expectations will converge with target in coming quarters.
- Spain’s de Guindos: ECB, fed are in different phase of cycle.
- Spain's de Guindos: ECB policy to converge with Fed policy over time.
- Spain's de Guindos: advocates central bank independence.
- Spain's de Guindos: must reduce the amount of public debt in euro area.
- Spain's de Guindos: 'totally supports' ECB pres Draghi’s comments on ELA policy.