ECB’s Guindos Urges Rate ‘Prudence’ With War to Hit Growth, FT Reports

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Luis de Guindos, Vice President of the European Central Bank, has advised caution in raising interest rates due to the yet unseen economic impacts of the Iran war. His remarks highlight the influence of geopolitical unrest on European monetary policy decisions.

The European Central Bank should be cautious when considering raising interest rates as the full impact of the Iran war on economic expansion is still to be felt, Vice President Luis de Guindos told the Financial Times.

Politics Markets Guindos interest rates Iran war economic growth ECB

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