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ECB’s de Guindos: We are not following a pre-determined path on interest rates

Jul 2, 2024 7:34 AM

 European Central Bank (ECB) Vice President Luis de Guindos said on Tuesday that “we are not following a pre-determined path on interest rates.”

Additional quotes

Uncertainty remains high.

We have to be very prudent.

Inflation will have its ups and downs this year.

Economy is to be stronger in 2H than it was in 1H.

Market reaction

At the time of writing, EUR/USD is dropping 0.18% on the day to trade near 1.0720.

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