Central Banks
ECB Will Have ‘Far More Data’ at June Decision, Guindos Says
- Former Spanish finance minister speaks at event in Madrid
- Policymakers are converging toward first rate cut in June
Luis de Guindos
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
European Central Bank Vice President Luis de Guindos reiterated that he and his colleagues will have much more information to decide on interest rates when they meet in June.
Speaking at an event in Madrid on Tuesday, the former Spanish finance minister didn’t dwell much on the outlook for borrowing costs, while cautioning that things could turn out differently from what investors expect.