Central Banks

ECB Keeping All Options Open on Rates, Guindos Says

Luis de GuindosPhotographer: Alex Kraus/Bloomberg

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.”