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

FXStreet
Updated Jul 2, 2024 07:52
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 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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