Tag: Guindos
ECB, de Guindos: important to be cautious, but trajectory is very clear
(Finance) – “To Italian and European citizens I would say that it is It is important to be cautious and prudent. We have reduced interest rates and the trajectory of…
ECB, de Guindos: it will take “some more time” before cutting rates
(Finance) – “Although inflation is on the right track, we need to keep an eye on the risk factors at play. On the upside, wage pressures remain elevated and we…
ECB, De Guindos: inflation has slowed but more needs to be done
(Finance) – In 2023, much progress has been made in containing inflation. However, more needs to be done to ensure a timely and sustainable return of inflation to our medium-term…
Stability Pact, de Guindos (ECB): without agreement, risk of spread increase
(Finance) – A lack of agreement between EU countries on the revision of the Stability and Growth Pact “could create more uncertainty which could lead to further increases in yields…
Interest rates, De Guindos (ECB): “We are at the final straight”
(Finance) – ECB Vice President Luis De Guindos promises “we are at the final straight on rates”. Speaking at a conference at the Menendenz Pelayo University of Santander, the number…
ECB, de Guindos: labor cost is becoming a driving factor of inflation
(Finance) – “A series of unprecedented shocks over the past three years has pushed inflation well above target in the euro area and in much of the world. The Governing…
ECB, de Guindos: the era of negative rates is over, now a period of high uncertainty
(Ticker) – “The period of negative interest rates is overat least in the medium term. We are going through a period of high uncertainty“. He stated this Louis de GuindosVice-President…
De Guindos: high inflation for the long run, monetary policy focused
(Finance) – The ECB’s monetary policy “it must remain focused on reducing demand support and avoiding the risks of second-level effects” from high inflation. In the current context of uncertainty,…
ECB, De Guindos: we must maintain the belief that we are capable of keeping inflation
(Finance) – The European Central Bank is raising interest rates with the aim of favoring a return of inflation to target values but also to “keep the expectations of inflation…
ECB, de Guindos: we will tackle fragmentation with safeguards to prevent moral hazard
(Finance) – “It is essential that financing conditions move substantially in sync in the euro area when the ECB changes its policy. For two equally strong firms, a change in…