ECB's de Guindos: ECB will be prudent in setting monetary policy

The ECB Vice President, Luis de Guindos, speaking at Deusto Business School, Madrid, said that the underlying inflation in the Euro-zone is to accelerate in the medium-term. 

He, however, expects the region's inflation to continue to slow in the next few months and was further noted saying that the ECB will be prudent in setting monetary policy.