Episode
ECB's De Guindos Warns on Rate Hikes
- Published
- May 11, 2026
- Duration seconds
- 61
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Summary
ECBs outgoing vice president, Luis de Guindos, advocates for caution on interest rate hikes, citing uncertain growth numbers and the impact of the Iran war on energy costs. Despite market expectations of at least one more hike, De Guindos warns of the risk of stifling the economy. Other ECB voices still suggest a June move, but the bank faces a delicate balance between combating inflation and preserving growth. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/1019819c36dbebdb