ECB'S De Guindos: Monetary policy to remain patient, persistent and prudent

ECB Vice-President Luis de Guindos was out on the wires in the last hour and sounded confident on the path of inflation. 

Key quotes:

   •  The fundamentals remain in place for continued solid and broad-based economic growth.
   •  Confident that the sustained convergence of inflation towards our inflation aim will continue in the period ahead.
   •  Benign market reaction following the announcement of our decision supports the appropriateness of our current assessment.
   •  Monetary policy to remain patient, persistent and prudent.