Business

ECB Keeping All Options Open on Rates, Guindos Says

ECB Keeping All Options Open on Rates, Guindos Says

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
The European Central Bank stands ready to adjust policy if the economic situation changes, even if interest rates are appropriate for the time being, Vice President Luis de Guindos said.
“We all agree that we must keep all options open,” the Spanish official told Die Welt in an interview published Wednesday. “If the situation changes, we will adjust our stance accordingly. And to be completely honest: if you find someone who can predict the next six months with certainty, we should hire them immediately.”