ECB Vice President Guindos called for the openness of the central bank to all interest rate options.

date
17/09/2025
European Central Bank Vice President Luis de Guindos stated that even though the current interest rate level is still reasonable, the central bank is ready to adjust its policies at any time if the economic situation changes. The Spanish official said in an interview, "We all agree that we must keep all policy options open. If the situation changes, we will adjust our policy stance accordingly. To be honest: if someone can accurately predict the trends of the next six months, we would hire them immediately." Given that the inflation rate is close to the target value and the economy has shown resilience in the face of conflicts and U.S. tariffs, the European Central Bank maintained its interest rates unchanged at its second meeting last week. Most economists and investors do not expect further adjustments. Guindos pointed out that the financial markets "are not always wrong, but they are not necessarily always right either." "No one can accurately predict the future," he emphasized, "the markets often react with volatility, but the central bank cannot be swayed. That is why we must act with caution, and that is our guiding principle."