ECB’s de Guindos: We will start with QT sooner or later, but for sure in 2023


  • Remarks by ECB vice president, Luis de Guindos
Justin Low

Justin Low

Tuesday, 08/11/2022 | 07:42 GMT-0

08/11/2022 | 07:42 GMT-0

I’d take the quantitative tightening remark with a pinch of salt as it would highly depend on how economic conditions progress going into next year. The December decision is still a coin flip for now, in terms of how aggressive the ECB will be, but if the economy holds up, one can easily see policymakers side with another 75 bps move so long as they can squeeze that in.

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