ECB should not set policy based on profit concerns: de Guindos
FRANKFURT (Reuters) – The European Central Bank should not set policy based on consideration about its own profitability or the profits earned by banks, ECB Vice President Luis de Guindos said in…
ECB’s De Guindos warns of broad risks in financial sector
By Giancarlo Navach CERNOBBIO, Italy (Reuters) – The European Central Bank (ECB) is monitoring broad risks across the financial sector and will act to preserve stability in the euro area, ECB vice-president…
Euro area inflation likely near its peak, ECB’s De Guindos says
MILAN (Reuters) – Inflation in the euro area will hover around its current level over the next few months before starting to decline at some point during the first half of 2023,…
Euro zone growth will likely be negative in Q4, inflation high, ECB’s De Guindos Says
MADRID (Reuters) – The euro zone economy will likely show negative growth rates in the fourth quarter while inflation will still remain high before starting to slow down in the first quarter,…
ECB must keep inflation fight as top priority, de Guindos says
FRANKFURT (Reuters) – The European Central Bank must prioritize its fight against high inflation because that will in turn improve the currency bloc’s overall financial stability, ECB Vice President Luis de Guindos…
ECB’s de Guindos says market might be underestimating inflation
FRANKFURT (Reuters) – Financial investors might be underestimating the “persistence of inflation”, the European Central Bank’s vice-president Luis de Guindos said on Friday as he listed possible risks to financial stability. He…
ECB to focus on capping demand and inflation expectations, de Guindos says
FRANKFURT (Reuters) – The European Central Bank will continue to focus on dampening demand and capping inflation expectations to prevent the current, fast price growth from taking hold in the euro area,…
ECB’s De Guindos: will do whatever it takes to bring inflation down
BERLIN (Reuters) – The European Central Bank is prepared for a possible technical recession paired with high inflation, which must be brought down to maintain market confidence, European Central Bank Vice-President Luis…
Euro zone inflation becoming increasingly broad, ECB’s de Guindos says
MADRID (Reuters) -Euro zone inflation is becoming increasingly broad while growth is weakening as the bloc struggles with the fallout from Russia’s war in Ukraine, European Central Bank Vice President Luis de…
Euro zone slowdown not enough to control inflation, ECB’s de Guindos says
FRANKFURT (Reuters) – The euro zone’s economic slowdown – or possibly recession – will not be enough to control inflation, and the European Central Bank will have to keep raising interest rates,…
ECB’s de Guindos backs ending bond purchases in July
FRANKFURT -The European Central Bank should end its stimulus programme in July and could raise interest rates that same month, in September or later, ECB vice-president Luis de Guindos said in an…
Euro zone growth barely positive in first half: ECB’s de Guindos
FRANKFURT – Euro zone growth will remain positive this year but the first half will be especially weak with barely any positive growth, European Central Bank Vice President Luis de Guindos said…
ECB should consider Greece’s progress in key bond decision – de Guindos
FRANKFURT – The European Central Bank should consider Greece’s economic progress when it decides whether to keep granting it funding despite its ‘junk’ credit rating in the coming days, the ECB’s vice-president…
ECB’s de Guindos says asset purchases must end before raising rates
MADRID – European Central Bank Vice-President Luis de Guindos said on Wednesday that the institution will first need to end asset purchases before interest rates can rise. “We will look at the…
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